YEARLY HIGH
2.2116 UAH
YEARLY LOW
1.9127 UAH
YEARLY AVERAGE
2.0342 UAH

2023 MDL to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.2116. Conversely, the yearly low was recorded on January 8, dropping to 1.9127.

This high-to-low spread represents a total annual volatility of 0.2990 UAH. From a start-to-finish perspective, comparing the January average rate of 1.9358 to the December average rate of 2.1131, the exchange rate registered a net change of 9.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2116 was up 14.44% compared to the 2022 peak of 1.9325, 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 11,058 UAH
2022 Average 8,633 UAH
Yearly Trough Low 9,563 UAH
Transaction Impact: A difference of 1,494.81 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1309
1.9180
JanuMarcMayJulySeptNove

MDL to UAH 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 2.0097, compared to 2.0587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0490 points.

H1 Avg (Jan–Jun) 2.0097
H2 Avg (Jul–Dec) 2.0587

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.1571 UAH (High: 2.2116 / Low: 2.0545). On the other end, October was the most stable month, with a tight range of 0.0244 UAH (High: 2.0256 / Low: 2.0012).

December Spread (Volatile) ±0.1571
October Spread (Stable) ±0.0244

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 September and October, when the average rate fell by 0.0408 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0408

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.1131) against the same month in 2022 (average: 1.9074), the exchange rate shifted by +0.2058 (+10.79%).

2023 Avg (December) 2.1131
2022 Avg (December) 1.9074

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9640 1.9127 1.9358
February 1.9765 1.9399 1.9608
March 2.0101 1.9561 1.9803
April 2.0659 2.0036 2.0412
May 2.0928 2.0486 2.0768
June 2.0860 2.0183 2.0634
July 2.1314 2.0128 2.0594
August 2.1100 2.0721 2.0883
September 2.0802 2.0236 2.0540
October 2.0256 2.0012 2.0132
November 2.0574 1.9933 2.0241
December 2.2116 2.0545 2.1131