YEARLY HIGH
708.7214 SYP
YEARLY LOW
136.7815 SYP
YEARLY AVERAGE
158.5915 SYP

2024 MDL to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 708.7214. Conversely, the yearly low was recorded on December 20, dropping to 136.7815.

This high-to-low spread represents a total annual volatility of 571.9399 SYP. From a start-to-finish perspective, comparing the January average rate of 142.5896 to the December average rate of 339.6140, the exchange rate registered a net change of 138.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 708.7214 was up 387.94% compared to the 2023 peak of 145.2486, 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 3,543,607 SYP
2023 Average 694,620 SYP
Yearly Trough Low 683,907 SYP
Transaction Impact: A difference of 2,859,699.64 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

359.6504
119.2136
JanuMarcMayJulySeptNove

MDL to SYP 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 141.9877, compared to 175.1953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 33.2076 points.

H1 Avg (Jan–Jun) 141.9877
H2 Avg (Jul–Dec) 175.1953

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 571.9399 SYP (High: 708.7214 / Low: 136.7815). On the other end, February was the most stable month, with a tight range of 1.4070 SYP (High: 141.7939 / Low: 140.3869).

December Spread (Volatile) ±571.9399
February Spread (Stable) ±1.4070

Growth Streaks & Declines

Trends

Between 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 2.8547 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.8547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 339.6140) against the same month in 2023 (average: 142.7221), the exchange rate shifted by +196.8919 (+137.95%).

2024 Avg (December) 339.6140
2023 Avg (December) 142.7221

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 145.2360 141.5032 142.5896
February 141.7939 140.3869 141.1468
March 143.2386 141.4919 142.3319
April 142.9120 140.2864 141.7557
May 142.9120 141.4513 142.2988
June 143.3391 140.4738 141.8033
July 143.0125 140.9899 141.9184
August 145.6380 141.7311 143.7051
September 145.3994 143.6275 144.5798
October 144.6456 139.6749 142.1048
November 141.3919 137.3473 139.2500
December 708.7214 136.7815 339.6140