2024 MDL to HKD Historical Review

YEARLY HIGH

0.4520 HKD

YEARLY LOW

0.4205 HKD

YEARLY AVERAGE

0.4401 HKD

2024 MDL to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.4520. Conversely, the yearly low was recorded on December 28, dropping to 0.4205.

This high-to-low spread represents a total annual volatility of 0.0315 HKD. From a start-to-finish perspective, comparing the January average rate of 0.4436 to the December average rate of 0.4244, the exchange rate registered a net change of -4.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4520 was down 0.00% compared to the 2023 peak of 0.4520, 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 2,260 HKD

2023 Average 2,164 HKD

Yearly Trough Low 2,102 HKD

Transaction Impact: A difference of 157.54 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4507

0.4220

JanuMarcMayJulySeptNove

MDL to HKD 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 0.4419, compared to 0.4384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.4419

H2 Avg (Jul–Dec) 0.4384

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0155 HKD (High: 0.4474 / Low: 0.4320). On the other end, May was the most stable month, with a tight range of 0.0040 HKD (High: 0.4440 / Low: 0.4400).

October Spread (Volatile) ±0.0155

May Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0089 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4460) against the same month in 2023 (average: 0.4427), the exchange rate shifted by +0.0032 (+0.73%).

2024 Avg (August) 0.4460

2023 Avg (August) 0.4427

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4518	0.4403	0.4436
February	0.4414	0.4370	0.4394
March	0.4460	0.4406	0.4432
April	0.4454	0.4373	0.4418
May	0.4440	0.4400	0.4424
June	0.4455	0.4366	0.4408
July	0.4446	0.4384	0.4411
August	0.4520	0.4403	0.4460
September	0.4512	0.4451	0.4483
October	0.4474	0.4320	0.4394
November	0.4376	0.4255	0.4312
December	0.4269	0.4205	0.4244