2024 MDL to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MDL to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MDL to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 80.4194. Conversely, the yearly low was recorded on January 1, dropping to 73.8969.
This high-to-low spread represents a total annual volatility of 6.5225 KRW. From a start-to-finish perspective, comparing the January average rate of 75.1757 to the December average rate of 78.6533, the exchange rate registered a net change of 4.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 80.4194 was up 5.10% compared to the 2023 peak of 76.5138, 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 KRW 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 76.3364, compared to 77.4705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1341 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 3.9970 KRW (High: 80.4194 / Low: 76.4224). On the other end, February was the most stable month, with a tight range of 1.3175 KRW (High: 75.6939 / Low: 74.3765).
Growth Streaks & Declines
TrendsBetween September and December, 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 July and August, when the average rate fell by 0.8662 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 78.6533) against the same month in 2023 (average: 73.9244), the exchange rate shifted by +4.7289 (+6.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 76.3474 | 73.8969 | 75.1757 |
| February | 75.6939 | 74.3765 | 74.8563 |
| March | 76.6848 | 74.3834 | 75.4842 |
| April | 78.7465 | 76.1846 | 77.2898 |
| May | 78.5453 | 75.9898 | 77.2433 |
| June | 78.6343 | 77.2268 | 77.9691 |
| July | 79.1070 | 77.4365 | 78.0815 |
| August | 78.2945 | 76.1532 | 77.2153 |
| September | 77.5747 | 75.3668 | 76.5380 |
| October | 77.7338 | 76.1540 | 77.0222 |
| November | 78.8627 | 76.1013 | 77.3124 |
| December | 80.4194 | 76.4224 | 78.6533 |