YEARLY HIGH
9.2308 MDL
YEARLY LOW
8.6259 MDL
YEARLY AVERAGE
8.8662 MDL

2024 BBD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 9.2308. Conversely, the yearly low was recorded on August 29, dropping to 8.6259.

This high-to-low spread represents a total annual volatility of 0.6049 MDL. From a start-to-finish perspective, comparing the January average rate of 8.8107 to the December average rate of 9.1587, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 9.2308 was down 3.99% compared to the 2023 peak of 9.6145, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46,154 MDL
2023 Average 45,242 MDL
Yearly Trough Low 43,130 MDL
Transaction Impact: A difference of 3,024.33 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9.2057
8.6422
JanuMarcMayJulySeptNove

BBD 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 8.8480, compared to 8.8844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0364 points.

H1 Avg (Jan–Jun) 8.8480
H2 Avg (Jul–Dec) 8.8844

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.3091 MDL (High: 8.9942 / Low: 8.6851). On the other end, February was the most stable month, with a tight range of 0.0888 MDL (High: 8.9486 / Low: 8.8598).

October Spread (Volatile) ±0.3091
February Spread (Stable) ±0.0888

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1097 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 9.1587) against the same month in 2023 (average: 8.8030), the exchange rate shifted by +0.3558 (+4.04%).

2024 Avg (December) 9.1587
2023 Avg (December) 8.8030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.8780 8.6498 8.8107
February 8.9486 8.8598 8.9005
March 8.8787 8.7704 8.8264
April 8.9550 8.7905 8.8625
May 8.8813 8.7905 8.8284
June 8.9431 8.7643 8.8595
July 8.9103 8.7843 8.8522
August 8.8637 8.6259 8.7424
September 8.7467 8.6401 8.6891
October 8.9942 8.6851 8.8412
November 9.1466 8.8850 9.0225
December 9.2308 9.1150 9.1587