YEARLY HIGH
0.0073 MDL
YEARLY LOW
0.0014 MDL
YEARLY AVERAGE
0.0069 MDL

2024 SYP to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0073. Conversely, the yearly low was recorded on December 21, dropping to 0.0014.

This high-to-low spread represents a total annual volatility of 0.0059 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0052, the exchange rate registered a net change of -25.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0073 was down 4.47% compared to the 2023 peak of 0.0077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37 MDL
2023 Average 36 MDL
Yearly Trough Low 7 MDL
Transaction Impact: A difference of 29.50 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0074
0.0050
JanuMarcMayJulySeptNove

SYP 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 0.0070, compared to 0.0067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0070
H2 Avg (Jul–Dec) 0.0067

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0059 MDL (High: 0.0073 / Low: 0.0014). On the other end, February was the most stable month, with a tight range of 0.0001 MDL (High: 0.0071 / Low: 0.0071).

December Spread (Volatile) ±0.0059
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0052) against the same month in 2023 (average: 0.0070), the exchange rate shifted by -0.0018 (-25.85%).

2024 Avg (December) 0.0052
2023 Avg (December) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0071 0.0069 0.0070
February 0.0071 0.0071 0.0071
March 0.0071 0.0070 0.0070
April 0.0071 0.0070 0.0071
May 0.0071 0.0070 0.0070
June 0.0071 0.0070 0.0071
July 0.0071 0.0070 0.0070
August 0.0071 0.0069 0.0070
September 0.0070 0.0069 0.0069
October 0.0072 0.0069 0.0070
November 0.0073 0.0071 0.0072
December 0.0073 0.0014 0.0052