2023 MDL to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MDL to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MDL to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 422.1663. Conversely, the yearly low was recorded on January 8, dropping to 381.2101.
This high-to-low spread represents a total annual volatility of 40.9562 PYG. From a start-to-finish perspective, comparing the January average rate of 388.4490 to the December average rate of 417.9788, the exchange rate registered a net change of 7.60% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 422.1663 was up 6.46% compared to the 2022 peak of 396.5589, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MDL to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 395.1791, compared to 410.5537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.3746 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 25.1490 PYG (High: 420.6435 / Low: 395.4945). On the other end, August was the most stable month, with a tight range of 7.5294 PYG (High: 415.3215 / Low: 407.7921).
Growth Streaks & Declines
TrendsBetween 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 6.5964 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 417.9788) against the same month in 2022 (average: 374.1306), the exchange rate shifted by +43.8482 (+11.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 394.7522 | 381.2101 | 388.4490 |
| February | 393.6934 | 383.7625 | 388.9829 |
| March | 390.4621 | 382.4168 | 386.3389 |
| April | 404.9115 | 389.7970 | 396.8881 |
| May | 409.6503 | 400.6156 | 405.3329 |
| June | 409.7299 | 397.0683 | 405.0831 |
| July | 420.6435 | 395.4945 | 405.9676 |
| August | 415.3215 | 407.7921 | 411.3636 |
| September | 409.5844 | 399.9026 | 404.7673 |
| October | 412.5760 | 400.2932 | 406.5510 |
| November | 420.5412 | 411.6817 | 416.6942 |
| December | 422.1663 | 411.7632 | 417.9788 |