YEARLY HIGH
1.0855 NAD
YEARLY LOW
0.9682 NAD
YEARLY AVERAGE
1.0337 NAD

2024 MDL to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 1.0855. Conversely, the yearly low was recorded on December 12, dropping to 0.9682.

This high-to-low spread represents a total annual volatility of 0.1174 NAD. From a start-to-finish perspective, comparing the January average rate of 1.0661 to the December average rate of 0.9950, the exchange rate registered a net change of -6.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0855 was down 4.05% compared to the 2023 peak of 1.1313, 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 5,428 NAD
2023 Average 5,118 NAD
Yearly Trough Low 4,841 NAD
Transaction Impact: A difference of 586.76 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0755
0.9862
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 1.0578, compared to 1.0096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0482 points.

H1 Avg (Jan–Jun) 1.0578
H2 Avg (Jul–Dec) 1.0096

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0828 NAD (High: 1.0848 / Low: 1.0019). On the other end, October was the most stable month, with a tight range of 0.0234 NAD (High: 1.0052 / Low: 0.9818).

June Spread (Volatile) ±0.0828
October Spread (Stable) ±0.0234

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0244 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.0659) against the same month in 2023 (average: 0.9526), the exchange rate shifted by +0.1134 (+11.90%).

2024 Avg (February) 1.0659
2023 Avg (February) 0.9526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0846 1.0504 1.0661
February 1.0855 1.0465 1.0659
March 1.0808 1.0543 1.0681
April 1.0787 1.0498 1.0656
May 1.0564 1.0290 1.0412
June 1.0848 1.0019 1.0402
July 1.0437 1.0184 1.0300
August 1.0534 1.0122 1.0314
September 1.0362 0.9880 1.0138
October 1.0052 0.9818 0.9940
November 1.0125 0.9763 0.9936
December 1.0261 0.9682 0.9950