YEARLY HIGH
2.4365 UYU
YEARLY LOW
2.1258 UYU
YEARLY AVERAGE
2.2661 UYU

2024 MDL to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.4365. Conversely, the yearly low was recorded on April 2, dropping to 2.1258.

This high-to-low spread represents a total annual volatility of 0.3107 UYU. From a start-to-finish perspective, comparing the January average rate of 2.2231 to the December average rate of 2.4009, the exchange rate registered a net change of 8.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4365 was up 7.66% compared to the 2023 peak of 2.2632, 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 12,183 UYU
2023 Average 10,731 UYU
Yearly Trough Low 10,629 UYU
Transaction Impact: A difference of 1,553.73 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4243
2.1443
JanuMarcMayJulySeptNove

MDL to UYU 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 2.1932, compared to 2.3390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1458 points.

H1 Avg (Jan–Jun) 2.1932
H2 Avg (Jul–Dec) 2.3390

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.1227 UYU (High: 2.4253 / Low: 2.3027). On the other end, June was the most stable month, with a tight range of 0.0256 UYU (High: 2.2250 / Low: 2.1994).

September Spread (Volatile) ±0.1227
June Spread (Stable) ±0.0256

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0252 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.4009) against the same month in 2023 (average: 2.2309), the exchange rate shifted by +0.1700 (+7.62%).

2024 Avg (December) 2.4009
2023 Avg (December) 2.2309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2571 2.1890 2.2231
February 2.2109 2.1730 2.1979
March 2.2136 2.1281 2.1791
April 2.2009 2.1258 2.1676
May 2.1997 2.1636 2.1797
June 2.2250 2.1994 2.2117
July 2.2937 2.2449 2.2688
August 2.3390 2.2699 2.3068
September 2.4253 2.3027 2.3575
October 2.4075 2.2998 2.3526
November 2.3734 2.3239 2.3471
December 2.4365 2.3506 2.4009