2023 MDL to MXN Historical Review

YEARLY HIGH

1.0233 MXN

YEARLY LOW

0.9267 MXN

YEARLY AVERAGE

0.9798 MXN

2023 MDL to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1.0233. Conversely, the yearly low was recorded on July 17, dropping to 0.9267.

This high-to-low spread represents a total annual volatility of 0.0966 MXN. From a start-to-finish perspective, comparing the January average rate of 0.9986 to the December average rate of 0.9751, the exchange rate registered a net change of -2.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0233 was down 12.16% compared to the 2022 peak of 1.1649, 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 5,117 MXN

2022 Average 5,334 MXN

Yearly Trough Low 4,633 MXN

Transaction Impact: A difference of 483.07 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0073

0.9401

JanuMarcMayJulySeptNove

MDL to MXN 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 0.9903, compared to 0.9692 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0211 points.

H1 Avg (Jan–Jun) 0.9903

H2 Avg (Jul–Dec) 0.9692

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0679 MXN (High: 1.0233 / Low: 0.9554). On the other end, April was the most stable month, with a tight range of 0.0270 MXN (High: 1.0114 / Low: 0.9844).

March Spread (Volatile) ±0.0679

April Spread (Stable) ±0.0270

Growth Streaks & Declines

Trends

Between July and October, 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 May and June, when the average rate fell by 0.0342 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.9894) against the same month in 2022 (average: 1.1196), the exchange rate shifted by -0.1302 (-11.63%).

2023 Avg (March) 0.9894

2022 Avg (March) 1.1196

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0182	0.9819	0.9986
February	1.0222	0.9695	0.9907
March	1.0233	0.9554	0.9894
April	1.0114	0.9844	1.0017
May	1.0163	0.9813	0.9978
June	0.9892	0.9358	0.9636
July	0.9821	0.9267	0.9457
August	0.9878	0.9391	0.9609
September	0.9857	0.9481	0.9624
October	1.0164	0.9529	0.9976
November	0.9990	0.9610	0.9736
December	0.9931	0.9635	0.9751