YEARLY HIGH
2.2215 SRD
YEARLY LOW
1.6411 SRD
YEARLY AVERAGE
2.0254 SRD

2023 MDL to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 2.2215. Conversely, the yearly low was recorded on January 8, dropping to 1.6411.

This high-to-low spread represents a total annual volatility of 0.5803 SRD. From a start-to-finish perspective, comparing the January average rate of 1.6755 to the December average rate of 2.1223, the exchange rate registered a net change of 26.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2215 was up 33.58% compared to the 2022 peak of 1.6631, 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 11,107 SRD
2022 Average 6,406 SRD
Yearly Trough Low 8,206 SRD
Transaction Impact: A difference of 2,901.61 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2139
1.6266
JanuMarcMayJulySeptNove

MDL to SRD 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 1.9217, compared to 2.1291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2074 points.

H1 Avg (Jan–Jun) 1.9217
H2 Avg (Jul–Dec) 2.1291

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.2007 SRD (High: 2.2215 / Low: 2.0207). On the other end, October was the most stable month, with a tight range of 0.0351 SRD (High: 2.1251 / Low: 2.0900).

July Spread (Volatile) ±0.2007
October Spread (Stable) ±0.0351

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0341 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.1241) against the same month in 2022 (average: 1.1895), the exchange rate shifted by +0.9346 (+78.57%).

2023 Avg (July) 2.1241
2022 Avg (July) 1.1895

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7183 1.6411 1.6755
February 1.7962 1.7034 1.7478
March 1.9724 1.7808 1.8595
April 2.0888 1.9536 2.0391
May 2.1318 2.0802 2.1018
June 2.1390 2.0645 2.1064
July 2.2215 2.0207 2.1241
August 2.1860 2.1430 2.1650
September 2.1708 2.0953 2.1309
October 2.1251 2.0900 2.1041
November 2.1491 2.1045 2.1283
December 2.1501 2.0969 2.1223