YEARLY HIGH
0.6242 SEK
YEARLY LOW
0.5755 SEK
YEARLY AVERAGE
0.5963 SEK

2024 MDL to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.6242. Conversely, the yearly low was recorded on January 13, dropping to 0.5755.

This high-to-low spread represents a total annual volatility of 0.0487 SEK. From a start-to-finish perspective, comparing the January average rate of 0.5872 to the December average rate of 0.6002, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6242 was down 0.16% compared to the 2023 peak of 0.6251, 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 3,121 SEK
2023 Average 2,934 SEK
Yearly Trough Low 2,877 SEK
Transaction Impact: A difference of 243.33 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6130
0.5838
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 0.5961, compared to 0.5966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.5961
H2 Avg (Jul–Dec) 0.5966

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0312 SEK (High: 0.6130 / Low: 0.5818). On the other end, October was the most stable month, with a tight range of 0.0107 SEK (High: 0.5989 / Low: 0.5882).

July Spread (Volatile) ±0.0312
October Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0156 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.6105) against the same month in 2023 (average: 0.5737), the exchange rate shifted by +0.0369 (+6.43%).

2024 Avg (April) 0.6105
2023 Avg (April) 0.5737

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5957 0.5755 0.5872
February 0.5973 0.5774 0.5863
March 0.6076 0.5790 0.5907
April 0.6242 0.5988 0.6105
May 0.6191 0.5980 0.6088
June 0.6004 0.5876 0.5931
July 0.6130 0.5818 0.6006
August 0.6054 0.5807 0.5945
September 0.5989 0.5801 0.5882
October 0.5989 0.5882 0.5925
November 0.6120 0.5929 0.6034
December 0.6084 0.5939 0.6002