YEARLY HIGH
2.2021 MDL
YEARLY LOW
2.0064 MDL
YEARLY AVERAGE
2.1053 MDL

2024 SBD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.2021. Conversely, the yearly low was recorded on March 12, dropping to 2.0064.

This high-to-low spread represents a total annual volatility of 0.1957 MDL. From a start-to-finish perspective, comparing the January average rate of 2.0926 to the December average rate of 2.1860, the exchange rate registered a net change of 4.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2021 was down 5.26% compared to the 2023 peak of 2.3244, 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 11,011 MDL
2023 Average 10,844 MDL
Yearly Trough Low 10,032 MDL
Transaction Impact: A difference of 978.69 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1984
2.0497
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 2.0915, compared to 2.1190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0275 points.

H1 Avg (Jan–Jun) 2.0915
H2 Avg (Jul–Dec) 2.1190

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0950 MDL (High: 2.1014 / Low: 2.0064). On the other end, December was the most stable month, with a tight range of 0.0276 MDL (High: 2.2021 / Low: 2.1745).

March Spread (Volatile) ±0.0950
December Spread (Stable) ±0.0276

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0332 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0332

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.1860) against the same month in 2023 (average: 2.0817), the exchange rate shifted by +0.1044 (+5.01%).

2024 Avg (December) 2.1860
2023 Avg (December) 2.0817

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1185 2.0550 2.0926
February 2.1211 2.0908 2.1058
March 2.1014 2.0064 2.0852
April 2.1220 2.0709 2.0905
May 2.0956 2.0656 2.0809
June 2.1194 2.0664 2.0940
July 2.1116 2.0773 2.0953
August 2.0915 2.0297 2.0621
September 2.1069 2.0387 2.0837
October 2.1611 2.0947 2.1285
November 2.1802 2.1337 2.1583
December 2.2021 2.1745 2.1860