YEARLY HIGH
1.0849 SZL
YEARLY LOW
0.9683 SZL
YEARLY AVERAGE
1.0333 SZL

2024 MDL to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 1.0849. Conversely, the yearly low was recorded on December 12, dropping to 0.9683.

This high-to-low spread represents a total annual volatility of 0.1165 SZL. From a start-to-finish perspective, comparing the January average rate of 1.0659 to the December average rate of 0.9948, the exchange rate registered a net change of -6.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0849 was down 2.63% compared to the 2023 peak of 1.1142, 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 5,424 SZL
2023 Average 5,102 SZL
Yearly Trough Low 4,842 SZL
Transaction Impact: A difference of 582.71 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0749
0.9847
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 1.0575, compared to 1.0091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0483 points.

H1 Avg (Jan–Jun) 1.0575
H2 Avg (Jul–Dec) 1.0091

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0831 SZL (High: 1.0845 / Low: 1.0014). On the other end, October was the most stable month, with a tight range of 0.0232 SZL (High: 1.0048 / Low: 0.9815).

June Spread (Volatile) ±0.0831
October Spread (Stable) ±0.0232

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0217 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.0659) against the same month in 2023 (average: 0.9007), the exchange rate shifted by +0.1652 (+18.34%).

2024 Avg (January) 1.0659
2023 Avg (January) 0.9007

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0849 1.0508 1.0659
February 1.0832 1.0479 1.0656
March 1.0810 1.0539 1.0674
April 1.0787 1.0494 1.0637
May 1.0573 1.0315 1.0420
June 1.0845 1.0014 1.0401
July 1.0418 1.0130 1.0296
August 1.0531 1.0118 1.0309
September 1.0358 0.9878 1.0139
October 1.0048 0.9815 0.9933
November 1.0095 0.9761 0.9922
December 1.0257 0.9683 0.9948