YEARLY HIGH
2.4023 UAH
YEARLY LOW
2.1086 UAH
YEARLY AVERAGE
2.2657 UAH

2024 MDL to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 2.4023. Conversely, the yearly low was recorded on February 5, dropping to 2.1086.

This high-to-low spread represents a total annual volatility of 0.2937 UAH. From a start-to-finish perspective, comparing the January average rate of 2.1477 to the December average rate of 2.2807, the exchange rate registered a net change of 6.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4023 was up 8.62% compared to the 2023 peak of 2.2116, 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 12,012 UAH
2023 Average 10,173 UAH
Yearly Trough Low 10,543 UAH
Transaction Impact: A difference of 1,468.52 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3988
2.1102
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 2.2055, compared to 2.3260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1205 points.

H1 Avg (Jan–Jun) 2.2055
H2 Avg (Jul–Dec) 2.3260

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0919 UAH (High: 2.3695 / Low: 2.2776). On the other end, December was the most stable month, with a tight range of 0.0357 UAH (High: 2.2937 / Low: 2.2580).

July Spread (Volatile) ±0.0919
December Spread (Stable) ±0.0357

Growth Streaks & Declines

Trends

Between February and September, 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 September and October, when the average rate fell by 0.0405 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0405

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.3747) against the same month in 2023 (average: 2.0540), the exchange rate shifted by +0.3207 (+15.61%).

2024 Avg (September) 2.3747
2023 Avg (September) 2.0540

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2053 2.1135 2.1477
February 2.1586 2.1086 2.1342
March 2.2288 2.1479 2.1932
April 2.2437 2.2002 2.2216
May 2.3031 2.2227 2.2506
June 2.3072 2.2596 2.2854
July 2.3695 2.2776 2.3163
August 2.3957 2.3147 2.3553
September 2.4023 2.3517 2.3747
October 2.3767 2.3010 2.3343
November 2.3343 2.2659 2.2945
December 2.2937 2.2580 2.2807