YEARLY HIGH
0.4872 SBD
YEARLY LOW
0.4302 SBD
YEARLY AVERAGE
0.4614 SBD

2023 MDL to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.4872. Conversely, the yearly low was recorded on January 7, dropping to 0.4302.

This high-to-low spread represents a total annual volatility of 0.0570 SBD. From a start-to-finish perspective, comparing the January average rate of 0.4352 to the December average rate of 0.4804, the exchange rate registered a net change of 10.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4872 was up 6.86% compared to the 2022 peak of 0.4559, 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 2,436 SBD
2022 Average 2,158 SBD
Yearly Trough Low 2,151 SBD
Transaction Impact: A difference of 284.86 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4849
0.4307
JanuMarcMayJulySeptNove

MDL to SBD 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 0.4517, compared to 0.4711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 0.4517
H2 Avg (Jul–Dec) 0.4711

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0277 SBD (High: 0.4829 / Low: 0.4552). On the other end, August was the most stable month, with a tight range of 0.0085 SBD (High: 0.4782 / Low: 0.4697).

July Spread (Volatile) ±0.0277
August Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0061 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.4804) against the same month in 2022 (average: 0.4256), the exchange rate shifted by +0.0548 (+12.87%).

2023 Avg (December) 0.4804
2022 Avg (December) 0.4256

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4402 0.4302 0.4352
February 0.4439 0.4346 0.4386
March 0.4498 0.4361 0.4423
April 0.4668 0.4498 0.4597
May 0.4721 0.4629 0.4687
June 0.4700 0.4552 0.4657
July 0.4829 0.4552 0.4676
August 0.4782 0.4697 0.4734
September 0.4730 0.4584 0.4673
October 0.4708 0.4588 0.4651
November 0.4797 0.4646 0.4727
December 0.4872 0.4715 0.4804