2024 MDL to NZD Historical Review

YEARLY HIGH

0.0973 NZD

YEARLY LOW

0.0902 NZD

YEARLY AVERAGE

0.0933 NZD

2024 MDL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0973. Conversely, the yearly low was recorded on February 24, dropping to 0.0902.

This high-to-low spread represents a total annual volatility of 0.0071 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0919 to the December average rate of 0.0952, the exchange rate registered a net change of 3.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0973 was up 1.37% compared to the 2023 peak of 0.0960, 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 486 NZD

2023 Average 451 NZD

Yearly Trough Low 451 NZD

Transaction Impact: A difference of 35.62 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0955

0.0913

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 0.0928, compared to 0.0937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0928

H2 Avg (Jul–Dec) 0.0937

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0046 NZD (High: 0.0962 / Low: 0.0916). On the other end, June was the most stable month, with a tight range of 0.0018 NZD (High: 0.0933 / Low: 0.0915).

July Spread (Volatile) ±0.0046

June Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0952) against the same month in 2023 (average: 0.0912), the exchange rate shifted by +0.0040 (+4.34%).

2024 Avg (December) 0.0952

2023 Avg (December) 0.0912

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0931	0.0904	0.0919
February	0.0932	0.0902	0.0917
March	0.0951	0.0918	0.0933
April	0.0964	0.0938	0.0948
May	0.0955	0.0921	0.0933
June	0.0933	0.0915	0.0920
July	0.0962	0.0916	0.0936
August	0.0954	0.0911	0.0940
September	0.0940	0.0906	0.0924
October	0.0940	0.0917	0.0931
November	0.0948	0.0924	0.0938
December	0.0973	0.0927	0.0952