YEARLY HIGH
0.2168 PEN
YEARLY LOW
0.1971 PEN
YEARLY AVERAGE
0.2067 PEN

2023 MDL to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.2168. Conversely, the yearly low was recorded on July 17, dropping to 0.1971.

This high-to-low spread represents a total annual volatility of 0.0197 PEN. From a start-to-finish perspective, comparing the January average rate of 0.2013 to the December average rate of 0.2122, the exchange rate registered a net change of 5.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2168 was down 3.51% compared to the 2022 peak of 0.2247, 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 1,084 PEN
2022 Average 1,016 PEN
Yearly Trough Low 986 PEN
Transaction Impact: A difference of 98.51 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2133
0.2000
JanuMarcMayJulySeptNove

MDL to PEN 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 0.2047, compared to 0.2087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.2047
H2 Avg (Jul–Dec) 0.2087

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0108 PEN (High: 0.2081 / Low: 0.1973). On the other end, September was the most stable month, with a tight range of 0.0036 PEN (High: 0.2092 / Low: 0.2056).

January Spread (Volatile) ±0.0108
September Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0036 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2113) against the same month in 2022 (average: 0.2017), the exchange rate shifted by +0.0096 (+4.77%).

2023 Avg (November) 0.2113
2022 Avg (November) 0.2017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2081 0.1973 0.2013
February 0.2076 0.2014 0.2044
March 0.2056 0.2002 0.2030
April 0.2113 0.2053 0.2083
May 0.2096 0.2055 0.2073
June 0.2080 0.1981 0.2037
July 0.2074 0.1971 0.2011
August 0.2114 0.2032 0.2088
September 0.2092 0.2056 0.2072
October 0.2144 0.2077 0.2117
November 0.2168 0.2083 0.2113
December 0.2144 0.2098 0.2122