YEARLY HIGH
34.6649 XAF
YEARLY LOW
31.5720 XAF
YEARLY AVERAGE
33.5068 XAF

2023 MDL to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 34.6649. Conversely, the yearly low was recorded on January 12, dropping to 31.5720.

This high-to-low spread represents a total annual volatility of 3.0930 XAF. From a start-to-finish perspective, comparing the January average rate of 32.0208 to the December average rate of 34.1122, the exchange rate registered a net change of 6.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 34.6649 was down 1.12% compared to the 2022 peak of 35.0576, 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 173,325 XAF
2022 Average 165,238 XAF
Yearly Trough Low 157,860 XAF
Transaction Impact: A difference of 15,464.84 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

34.4641
31.7987
JanuMarcMayJulySeptNove

MDL to XAF 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 33.0692, compared to 33.9445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8753 points.

H1 Avg (Jan–Jun) 33.0692
H2 Avg (Jul–Dec) 33.9445

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1.7747 XAF (High: 34.0779 / Low: 32.3032). On the other end, September was the most stable month, with a tight range of 0.5584 XAF (High: 34.4567 / Low: 33.8983).

July Spread (Volatile) ±1.7747
September Spread (Stable) ±0.5584

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 0.6438 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 34.2420) against the same month in 2022 (average: 34.4463), the exchange rate shifted by -0.2043 (-0.59%).

2023 Avg (October) 34.2420
2022 Avg (October) 34.4463

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.4915 31.5720 32.0208
February 32.9928 31.7144 32.6541
March 33.3780 32.5322 32.9044
April 33.5735 32.7683 33.0947
May 34.5500 32.9041 33.9397
June 34.5046 32.8355 33.8012
July 34.0779 32.3032 33.1574
August 34.3721 33.5732 34.0107
September 34.4567 33.8983 34.1764
October 34.6649 33.8100 34.2420
November 34.5253 33.5317 33.9683
December 34.5646 33.6171 34.1122