YEARLY HIGH
14.4714 YER
YEARLY LOW
13.0168 YER
YEARLY AVERAGE
13.8379 YER

2023 MDL to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 14.4714. Conversely, the yearly low was recorded on January 8, dropping to 13.0168.

This high-to-low spread represents a total annual volatility of 1.4546 YER. From a start-to-finish perspective, comparing the January average rate of 13.1823 to the December average rate of 14.2140, the exchange rate registered a net change of 7.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.4714 was up 2.66% compared to the 2022 peak of 14.0965, 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 72,357 YER
2022 Average 66,367 YER
Yearly Trough Low 65,084 YER
Transaction Impact: A difference of 7,273.02 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.3171
13.0791
JanuMarcMayJulySeptNove

MDL to YER 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 13.6547, compared to 14.0212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3665 points.

H1 Avg (Jan–Jun) 13.6547
H2 Avg (Jul–Dec) 14.0212

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.8224 YER (High: 14.4714 / Low: 13.6490). On the other end, October was the most stable month, with a tight range of 0.2009 YER (High: 13.9053 / Low: 13.7044).

July Spread (Volatile) ±0.8224
October Spread (Stable) ±0.2009

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 August and September, when the average rate fell by 0.2309 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 13.9923) against the same month in 2022 (average: 13.0062), the exchange rate shifted by +0.9861 (+7.58%).

2023 Avg (July) 13.9923
2022 Avg (July) 13.0062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.3801 13.0168 13.1823
February 13.4457 13.2246 13.3365
March 13.6791 13.2571 13.4535
April 14.0195 13.6780 13.8790
May 14.1823 13.9592 14.0897
June 14.1084 13.6803 13.9871
July 14.4714 13.6490 13.9923
August 14.3049 14.0411 14.1592
September 14.0784 13.6910 13.9282
October 13.9053 13.7044 13.8071
November 14.1675 13.8140 14.0265
December 14.4669 13.9608 14.2140