2023 MDL to NZD Historical Review

YEARLY HIGH

0.0960 NZD

YEARLY LOW

0.0814 NZD

YEARLY AVERAGE

0.0901 NZD

2023 MDL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 0.0960. Conversely, the yearly low was recorded on January 22, dropping to 0.0814.

This high-to-low spread represents a total annual volatility of 0.0146 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0822 to the December average rate of 0.0912, the exchange rate registered a net change of 10.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0960 was up 3.37% compared to the 2022 peak of 0.0929, 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 480 NZD

2022 Average 418 NZD

Yearly Trough Low 407 NZD

Transaction Impact: A difference of 73.09 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0957

0.0810

JanuMarcMayJulySeptNove

MDL to NZD 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 0.0874, compared to 0.0927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0874

H2 Avg (Jul–Dec) 0.0927

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0073 NZD (High: 0.0938 / Low: 0.0865). On the other end, January was the most stable month, with a tight range of 0.0023 NZD (High: 0.0837 / Low: 0.0814).

July Spread (Volatile) ±0.0073

January Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0022 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0945) against the same month in 2022 (average: 0.0830), the exchange rate shifted by +0.0114 (+13.77%).

2023 Avg (August) 0.0945

2022 Avg (August) 0.0830

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0837	0.0814	0.0822
February	0.0864	0.0817	0.0848
March	0.0875	0.0847	0.0866
April	0.0910	0.0867	0.0893
May	0.0935	0.0884	0.0907
June	0.0931	0.0890	0.0911
July	0.0938	0.0865	0.0898
August	0.0960	0.0918	0.0945
September	0.0956	0.0912	0.0939
October	0.0957	0.0911	0.0936
November	0.0953	0.0916	0.0934
December	0.0927	0.0900	0.0912