2023 MDL to NAD Historical Review

YEARLY HIGH

1.1313 NAD

YEARLY LOW

0.8789 NAD

YEARLY AVERAGE

1.0232 NAD

2023 MDL to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 1.1313. Conversely, the yearly low was recorded on January 12, dropping to 0.8789.

This high-to-low spread represents a total annual volatility of 0.2524 NAD. From a start-to-finish perspective, comparing the January average rate of 0.8995 to the December average rate of 1.0613, the exchange rate registered a net change of 18.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1313 was up 18.61% compared to the 2022 peak of 0.9538, 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 5,656 NAD

2022 Average 4,319 NAD

Yearly Trough Low 4,395 NAD

Transaction Impact: A difference of 1,261.90 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0919

0.8820

JanuMarcMayJulySeptNove

MDL to NAD 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 0.9939, compared to 1.0526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0587 points.

H1 Avg (Jan–Jun) 0.9939

H2 Avg (Jul–Dec) 1.0526

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1019 NAD (High: 1.1184 / Low: 1.0166). On the other end, March was the most stable month, with a tight range of 0.0307 NAD (High: 0.9960 / Low: 0.9653).

November Spread (Volatile) ±0.1019

March Spread (Stable) ±0.0307

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 0.0276 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0276

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 1.0661) against the same month in 2022 (average: 0.8675), the exchange rate shifted by +0.1986 (+22.89%).

2023 Avg (August) 1.0661

2022 Avg (August) 0.8675

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9196	0.8789	0.8995
February	0.9787	0.9091	0.9526
March	0.9960	0.9653	0.9824
April	1.0248	0.9687	1.0078
May	1.1108	1.0203	1.0744
June	1.1113	1.0100	1.0468
July	1.0388	0.9891	1.0195
August	1.1313	1.0299	1.0661
September	1.0768	1.0331	1.0556
October	1.1193	1.0355	1.0621
November	1.1184	1.0166	1.0506
December	1.0816	1.0266	1.0613