YEARLY HIGH
0.0433 XDR
YEARLY LOW
0.0389 XDR
YEARLY AVERAGE
0.0414 XDR

2023 MDL to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0433. Conversely, the yearly low was recorded on January 15, dropping to 0.0389.

This high-to-low spread represents a total annual volatility of 0.0044 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0392 to the December average rate of 0.0426, the exchange rate registered a net change of 8.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0433 was up 6.81% compared to the 2022 peak of 0.0405, 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 216 XDR
2022 Average 193 XDR
Yearly Trough Low 194 XDR
Transaction Impact: A difference of 21.99 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0429
0.0389
JanuMarcMayJulySeptNove

MDL to XDR 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 0.0407, compared to 0.0422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0407
H2 Avg (Jul–Dec) 0.0422

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0018 XDR (High: 0.0427 / Low: 0.0409). On the other end, October was the most stable month, with a tight range of 0.0006 XDR (High: 0.0423 / Low: 0.0417).

July Spread (Volatile) ±0.0018
October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and June, 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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0426) against the same month in 2022 (average: 0.0390), the exchange rate shifted by +0.0036 (+9.30%).

2023 Avg (December) 0.0426
2022 Avg (December) 0.0390

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0396 0.0389 0.0392
February 0.0402 0.0393 0.0398
March 0.0406 0.0398 0.0403
April 0.0414 0.0406 0.0411
May 0.0424 0.0412 0.0419
June 0.0424 0.0410 0.0419
July 0.0427 0.0409 0.0416
August 0.0428 0.0420 0.0424
September 0.0424 0.0417 0.0421
October 0.0423 0.0417 0.0420
November 0.0427 0.0420 0.0424
December 0.0433 0.0420 0.0426