YEARLY HIGH
0.0011 MDL
YEARLY LOW
0.0008 MDL
YEARLY AVERAGE
0.0010 MDL

2023 SLL to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0011. Conversely, the yearly low was recorded on December 29, dropping to 0.0008.

This high-to-low spread represents a total annual volatility of 0.0003 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0011 to the December average rate of 0.0008, the exchange rate registered a net change of -21.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0011 was down 32.32% compared to the 2022 peak of 0.0016, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5 MDL
2022 Average 7 MDL
Yearly Trough Low 4 MDL
Transaction Impact: A difference of 1.32 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0011
0.0008
JanuMarcMayJulySeptNove

SLL 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 0.0010, compared to 0.0009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0010
H2 Avg (Jul–Dec) 0.0009

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0002 MDL (High: 0.0010 / Low: 0.0008). On the other end, October was the most stable month, with a tight range of 0.0000 MDL (High: 0.0009 / Low: 0.0009).

July Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0000

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 July and August, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0011) against the same month in 2022 (average: 0.0016), the exchange rate shifted by -0.0005 (-31.91%).

2023 Avg (January) 0.0011
2022 Avg (January) 0.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0011 0.0011 0.0011
February 0.0011 0.0011 0.0011
March 0.0011 0.0010 0.0011
April 0.0010 0.0010 0.0010
May 0.0010 0.0010 0.0010
June 0.0010 0.0010 0.0010
July 0.0010 0.0008 0.0010
August 0.0008 0.0008 0.0008
September 0.0009 0.0008 0.0009
October 0.0009 0.0009 0.0009
November 0.0009 0.0008 0.0009
December 0.0009 0.0008 0.0008