2024 MDL to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MDL to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MDL to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 52.1682. Conversely, the yearly low was recorded on December 28, dropping to 48.7498.
This high-to-low spread represents a total annual volatility of 3.4184 KPW. From a start-to-finish perspective, comparing the January average rate of 51.0763 to the December average rate of 49.1341, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 52.1682 was up 0.27% compared to the 2023 peak of 52.0287, 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 2024.
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 50.8607, compared to 50.6696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1911 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 1.7805 KPW (High: 51.8127 / Low: 50.0322). On the other end, February was the most stable month, with a tight range of 0.5040 KPW (High: 50.7913 / Low: 50.2872).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 1.0226 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 51.4758) against the same month in 2023 (average: 50.9101), the exchange rate shifted by +0.5657 (+1.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 52.0242 | 50.6871 | 51.0763 |
| February | 50.7913 | 50.2872 | 50.5594 |
| March | 51.3087 | 50.6831 | 50.9840 |
| April | 51.1917 | 50.2512 | 50.7776 |
| May | 51.1917 | 50.6685 | 50.9721 |
| June | 51.3447 | 50.3184 | 50.7946 |
| July | 51.2277 | 50.5032 | 50.8358 |
| August | 52.1682 | 50.7687 | 51.4758 |
| September | 52.0827 | 51.4481 | 51.7892 |
| October | 51.8127 | 50.0322 | 50.9026 |
| November | 50.6472 | 49.1985 | 49.8800 |
| December | 49.3692 | 48.7498 | 49.1341 |