YEARLY HIGH
0.6251 SEK
YEARLY LOW
0.5417 SEK
YEARLY AVERAGE
0.5867 SEK

2023 MDL to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 0.6251. Conversely, the yearly low was recorded on January 24, dropping to 0.5417.

This high-to-low spread represents a total annual volatility of 0.0834 SEK. From a start-to-finish perspective, comparing the January average rate of 0.5471 to the December average rate of 0.5818, the exchange rate registered a net change of 6.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6251 was up 6.54% compared to the 2022 peak of 0.5868, 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 3,126 SEK
2022 Average 2,679 SEK
Yearly Trough Low 2,709 SEK
Transaction Impact: A difference of 417.10 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6242
0.5401
JanuMarcMayJulySeptNove

MDL to SEK 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 0.5723, compared to 0.6011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0287 points.

H1 Avg (Jan–Jun) 0.5723
H2 Avg (Jul–Dec) 0.6011

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0415 SEK (High: 0.6121 / Low: 0.5706). On the other end, January was the most stable month, with a tight range of 0.0154 SEK (High: 0.5572 / Low: 0.5417).

May Spread (Volatile) ±0.0415
January Spread (Stable) ±0.0154

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 0.0165 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.6172) against the same month in 2022 (average: 0.5611), the exchange rate shifted by +0.0561 (+10.00%).

2023 Avg (September) 0.6172
2022 Avg (September) 0.5611

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5572 0.5417 0.5471
February 0.5660 0.5465 0.5571
March 0.5766 0.5527 0.5648
April 0.5790 0.5625 0.5737
May 0.6121 0.5706 0.5900
June 0.6135 0.5898 0.6013
July 0.6022 0.5639 0.5884
August 0.6220 0.5955 0.6128
September 0.6251 0.5971 0.6172
October 0.6181 0.5982 0.6081
November 0.6159 0.5812 0.5983
December 0.5964 0.5677 0.5818