2024 MDL to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MDL to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MDL to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 33.1938. Conversely, the yearly low was recorded on December 28, dropping to 30.9938.
This high-to-low spread represents a total annual volatility of 2.2000 SOS. From a start-to-finish perspective, comparing the January average rate of 32.4190 to the December average rate of 31.1910, the exchange rate registered a net change of -3.79% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 33.1938 was up 0.47% compared to the 2023 peak of 33.0391, 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 2024.
MDL to SOS 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 32.2874, compared to 32.1636 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1238 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 1.1434 SOS (High: 33.1938 / Low: 32.0504). On the other end, May was the most stable month, with a tight range of 0.2840 SOS (High: 32.4814 / Low: 32.1974).
Growth Streaks & Declines
TrendsBetween June and September, 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 October and November, when the average rate fell by 0.6490 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 32.6316) against the same month in 2023 (average: 32.1980), the exchange rate shifted by +0.4337 (+1.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.0688 | 32.1880 | 32.4190 |
| February | 32.4797 | 31.9200 | 32.1177 |
| March | 32.5810 | 32.1928 | 32.3627 |
| April | 32.5072 | 31.8405 | 32.2340 |
| May | 32.4814 | 32.1974 | 32.3428 |
| June | 32.7788 | 31.9198 | 32.2481 |
| July | 32.5167 | 32.0134 | 32.2633 |
| August | 33.1938 | 32.0504 | 32.6316 |
| September | 33.0744 | 32.7308 | 32.8838 |
| October | 32.8798 | 31.8374 | 32.3304 |
| November | 32.1927 | 31.2312 | 31.6814 |
| December | 31.3597 | 30.9938 | 31.1910 |