YEARLY HIGH
1.1378 MDL
YEARLY LOW
0.8839 MDL
YEARLY AVERAGE
0.9803 MDL

2023 NAD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 1.1378. Conversely, the yearly low was recorded on August 14, dropping to 0.8839.

This high-to-low spread represents a total annual volatility of 0.2538 MDL. From a start-to-finish perspective, comparing the January average rate of 1.1121 to the December average rate of 0.9424, the exchange rate registered a net change of -15.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1378 was down 10.15% compared to the 2022 peak of 1.2662, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NAD based on timing:

Yearly Peak High 5,689 MDL
2022 Average 5,802 MDL
Yearly Trough Low 4,420 MDL
Transaction Impact: A difference of 1,269.11 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1301
0.9135
JanuMarcMayJulySeptNove

NAD to MDL 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 1.0101, compared to 0.9506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0595 points.

H1 Avg (Jan–Jun) 1.0101
H2 Avg (Jul–Dec) 0.9506

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0903 MDL (High: 0.9901 / Low: 0.8998). On the other end, March was the most stable month, with a tight range of 0.0319 MDL (High: 1.0360 / Low: 1.0040).

June Spread (Volatile) ±0.0903
March Spread (Stable) ±0.0319

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0616 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0616

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.1121) against the same month in 2022 (average: 1.1562), the exchange rate shifted by -0.0442 (-3.82%).

2023 Avg (January) 1.1121
2022 Avg (January) 1.1562

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1378 1.0874 1.1121
February 1.1000 1.0218 1.0504
March 1.0360 1.0040 1.0180
April 1.0323 0.9758 0.9925
May 0.9801 0.9002 0.9315
June 0.9901 0.8998 0.9561
July 1.0110 0.9627 0.9810
August 0.9710 0.8839 0.9383
September 0.9679 0.9287 0.9474
October 0.9657 0.8934 0.9420
November 0.9837 0.8941 0.9524
December 0.9741 0.9245 0.9424