YEARLY HIGH
1.1142 SZL
YEARLY LOW
0.8813 SZL
YEARLY AVERAGE
1.0201 SZL

2023 MDL to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 1.1142. Conversely, the yearly low was recorded on January 12, dropping to 0.8813.

This high-to-low spread represents a total annual volatility of 0.2329 SZL. From a start-to-finish perspective, comparing the January average rate of 0.9007 to the December average rate of 1.0584, the exchange rate registered a net change of 17.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1142 was up 16.61% compared to the 2022 peak of 0.9555, 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 5,571 SZL
2022 Average 4,334 SZL
Yearly Trough Low 4,406 SZL
Transaction Impact: A difference of 1,164.67 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0890
0.8836
JanuMarcMayJulySeptNove

MDL to SZL 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 0.9930, compared to 1.0471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0540 points.

H1 Avg (Jan–Jun) 0.9930
H2 Avg (Jul–Dec) 1.0471

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1042 SZL (High: 1.1142 / Low: 1.0100). On the other end, October was the most stable month, with a tight range of 0.0349 SZL (High: 1.0686 / Low: 1.0336).

June Spread (Volatile) ±0.1042
October Spread (Stable) ±0.0349

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0276 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0276

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 1.0458) against the same month in 2022 (average: 0.8259), the exchange rate shifted by +0.2199 (+26.62%).

2023 Avg (June) 1.0458
2022 Avg (June) 0.8259

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9305 0.8813 0.9007
February 0.9789 0.9115 0.9538
March 1.0011 0.9647 0.9810
April 1.0233 0.9701 1.0052
May 1.1133 1.0234 1.0718
June 1.1142 1.0100 1.0458
July 1.0409 0.9901 1.0181
August 1.1137 1.0149 1.0624
September 1.0766 1.0313 1.0546
October 1.0686 1.0336 1.0517
November 1.0667 1.0126 1.0372
December 1.0813 1.0243 1.0584