YEARLY HIGH
0.6093 MDL
YEARLY LOW
0.4502 MDL
YEARLY AVERAGE
0.4973 MDL

2023 SRD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.6093. Conversely, the yearly low was recorded on July 23, dropping to 0.4502.

This high-to-low spread represents a total annual volatility of 0.1592 MDL. From a start-to-finish perspective, comparing the January average rate of 0.5970 to the December average rate of 0.4712, the exchange rate registered a net change of -21.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6093 was down 32.99% compared to the 2022 peak of 0.9094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,047 MDL
2022 Average 3,976 MDL
Yearly Trough Low 2,251 MDL
Transaction Impact: A difference of 795.89 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6105
0.4484
JanuMarcMayJulySeptNove

SRD 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 0.5248, compared to 0.4698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0550 points.

H1 Avg (Jan–Jun) 0.5248
H2 Avg (Jul–Dec) 0.4698

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0545 MDL (High: 0.5615 / Low: 0.5070). On the other end, October was the most stable month, with a tight range of 0.0079 MDL (High: 0.4785 / Low: 0.4706).

March Spread (Volatile) ±0.0545
October Spread (Stable) ±0.0079

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 0.0476 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0476

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5970) against the same month in 2022 (average: 0.8471), the exchange rate shifted by -0.2501 (-29.52%).

2023 Avg (January) 0.5970
2022 Avg (January) 0.8471

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6093 0.5820 0.5970
February 0.5871 0.5567 0.5723
March 0.5615 0.5070 0.5382
April 0.5119 0.4787 0.4906
May 0.4807 0.4691 0.4758
June 0.4844 0.4675 0.4748
July 0.4949 0.4502 0.4712
August 0.4666 0.4575 0.4619
September 0.4772 0.4606 0.4693
October 0.4785 0.4706 0.4753
November 0.4752 0.4653 0.4699
December 0.4769 0.4651 0.4712