2024 MDL to FJD Historical Review

YEARLY HIGH

0.1299 FJD

YEARLY LOW

0.1239 FJD

YEARLY AVERAGE

0.1269 FJD

2024 MDL to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.1299. Conversely, the yearly low was recorded on November 28, dropping to 0.1239.

This high-to-low spread represents a total annual volatility of 0.0059 FJD. From a start-to-finish perspective, comparing the January average rate of 0.1267 to the December average rate of 0.1260, the exchange rate registered a net change of -0.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1299 was down 0.26% compared to the 2023 peak of 0.1302, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MDL based on timing:

Yearly Peak High 649 FJD

2023 Average 617 FJD

Yearly Trough Low 620 FJD

Transaction Impact: A difference of 29.64 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1281

0.1254

JanuMarcMayJulySeptNove

MDL to FJD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1272, compared to 0.1265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1272

H2 Avg (Jul–Dec) 0.1265

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0042 FJD (High: 0.1297 / Low: 0.1254). On the other end, April was the most stable month, with a tight range of 0.0024 FJD (High: 0.1295 / Low: 0.1270).

August Spread (Volatile) ±0.0042

April Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1278) against the same month in 2023 (average: 0.1252), the exchange rate shifted by +0.0025 (+2.04%).

2024 Avg (May) 0.1278

2023 Avg (May) 0.1252

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1288	0.1247	0.1267
February	0.1281	0.1249	0.1264
March	0.1290	0.1262	0.1276
April	0.1295	0.1270	0.1279
May	0.1299	0.1258	0.1278
June	0.1287	0.1251	0.1269
July	0.1280	0.1253	0.1267
August	0.1297	0.1254	0.1276
September	0.1292	0.1257	0.1271
October	0.1283	0.1250	0.1263
November	0.1278	0.1239	0.1256
December	0.1272	0.1240	0.1260