2023 MDL to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MDL to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MDL to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 52.0287. Conversely, the yearly low was recorded on January 8, dropping to 46.8043.
This high-to-low spread represents a total annual volatility of 5.2244 KPW. From a start-to-finish perspective, comparing the January average rate of 47.3943 to the December average rate of 51.1237, the exchange rate registered a net change of 7.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 52.0287 was up 2.63% compared to the 2022 peak of 50.6967, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MDL to KPW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 49.0923, compared to 50.4137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3213 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 2.9565 KPW (High: 52.0242 / Low: 49.0678). On the other end, October was the most stable month, with a tight range of 0.7422 KPW (High: 49.9992 / Low: 49.2571).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 0.8367 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 51.1237) against the same month in 2022 (average: 46.5711), the exchange rate shifted by +4.5526 (+9.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 48.0913 | 46.8043 | 47.3943 |
| February | 48.3367 | 47.5468 | 47.9464 |
| March | 49.1758 | 47.6683 | 48.3737 |
| April | 50.3996 | 49.1719 | 49.8972 |
| May | 50.9847 | 50.1928 | 50.6567 |
| June | 50.7192 | 49.1803 | 50.2857 |
| July | 52.0242 | 49.0678 | 50.3074 |
| August | 51.4257 | 50.5032 | 50.9101 |
| September | 50.6202 | 49.2090 | 50.0734 |
| October | 49.9992 | 49.2571 | 49.6385 |
| November | 50.9353 | 49.6708 | 50.4288 |
| December | 52.0287 | 50.1937 | 51.1237 |