YEARLY HIGH
0.0460 GBP
YEARLY LOW
0.0421 GBP
YEARLY AVERAGE
0.0445 GBP

2023 MDL to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.0460. Conversely, the yearly low was recorded on July 13, dropping to 0.0421.

This high-to-low spread represents a total annual volatility of 0.0039 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0430 to the December average rate of 0.0448, the exchange rate registered a net change of 4.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0460 was down 3.88% compared to the 2022 peak of 0.0478, 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 230 GBP
2022 Average 215 GBP
Yearly Trough Low 211 GBP
Transaction Impact: A difference of 19.29 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0455
0.0428
JanuMarcMayJulySeptNove

MDL to GBP 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 0.0442, compared to 0.0447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0442
H2 Avg (Jul–Dec) 0.0447

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0029 GBP (High: 0.0450 / Low: 0.0421). On the other end, September was the most stable month, with a tight range of 0.0009 GBP (High: 0.0455 / Low: 0.0446).

July Spread (Volatile) ±0.0029
September Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 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 4 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0451) against the same month in 2022 (average: 0.0443), the exchange rate shifted by +0.0008 (+1.85%).

2023 Avg (November) 0.0451
2022 Avg (November) 0.0443

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0438 0.0426 0.0430
February 0.0446 0.0430 0.0442
March 0.0452 0.0438 0.0443
April 0.0452 0.0438 0.0445
May 0.0457 0.0444 0.0451
June 0.0453 0.0431 0.0442
July 0.0450 0.0421 0.0434
August 0.0450 0.0440 0.0445
September 0.0455 0.0446 0.0449
October 0.0458 0.0448 0.0453
November 0.0460 0.0443 0.0451
December 0.0454 0.0441 0.0448