2023 SBD to MDL Historical Review

YEARLY HIGH

2.3244 MDL

YEARLY LOW

2.0526 MDL

YEARLY AVERAGE

2.1695 MDL

2023 SBD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.3244. Conversely, the yearly low was recorded on December 29, dropping to 2.0526.

This high-to-low spread represents a total annual volatility of 0.2718 MDL. From a start-to-finish perspective, comparing the January average rate of 2.2979 to the December average rate of 2.0817, the exchange rate registered a net change of -9.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3244 was down 2.95% compared to the 2022 peak of 2.3951, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,622 MDL

2022 Average 11,593 MDL

Yearly Trough Low 10,263 MDL

Transaction Impact: A difference of 1,359.08 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3195

2.0601

JanuMarcMayJulySeptNove

SBD 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 2.2158, compared to 2.1232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0927 points.

H1 Avg (Jan–Jun) 2.2158

H2 Avg (Jul–Dec) 2.1232

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1261 MDL (High: 2.1967 / Low: 2.0706). On the other end, August was the most stable month, with a tight range of 0.0380 MDL (High: 2.1292 / Low: 2.0912).

July Spread (Volatile) ±0.1261

August Spread (Stable) ±0.0380

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.0856 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.2979) against the same month in 2022 (average: 2.2191), the exchange rate shifted by +0.0788 (+3.55%).

2023 Avg (January) 2.2979

2022 Avg (January) 2.2191

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3244	2.2718	2.2979
February	2.3009	2.2526	2.2799
March	2.2930	2.2232	2.2609
April	2.2233	2.1424	2.1753
May	2.1603	2.1181	2.1338
June	2.1967	2.1278	2.1473
July	2.1967	2.0706	2.1394
August	2.1292	2.0912	2.1125
September	2.1816	2.1142	2.1399
October	2.1794	2.1241	2.1500
November	2.1522	2.0849	2.1156
December	2.1208	2.0526	2.0817