YEARLY HIGH
7.1151 MDL
YEARLY LOW
6.4007 MDL
YEARLY AVERAGE
6.6976 MDL

2023 XCD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 7.1151. Conversely, the yearly low was recorded on December 29, dropping to 6.4007.

This high-to-low spread represents a total annual volatility of 0.7145 MDL. From a start-to-finish perspective, comparing the January average rate of 7.0271 to the December average rate of 6.5146, the exchange rate registered a net change of -7.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 7.1151 was down 1.82% compared to the 2022 peak of 7.2469, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,576 MDL
2022 Average 34,912 MDL
Yearly Trough Low 32,003 MDL
Transaction Impact: A difference of 3,572.32 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7.0784
6.4633
JanuMarcMayJulySeptNove

XCD 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 6.7882, compared to 6.6071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1811 points.

H1 Avg (Jan–Jun) 6.7882
H2 Avg (Jul–Dec) 6.6071

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.3857 MDL (High: 6.7869 / Low: 6.4012). On the other end, October was the most stable month, with a tight range of 0.1004 MDL (High: 6.7608 / Low: 6.6605).

July Spread (Volatile) ±0.3857
October Spread (Stable) ±0.1004

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 0.2103 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 7.0271) against the same month in 2022 (average: 6.6306), the exchange rate shifted by +0.3965 (+5.98%).

2023 Avg (January) 7.0271
2022 Avg (January) 6.6306

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.1151 6.9247 7.0271
February 7.0040 6.8896 6.9457
March 6.9862 6.7720 6.8847
April 6.7725 6.6076 6.6745
May 6.6348 6.5317 6.5741
June 6.7714 6.5659 6.6231
July 6.7869 6.4012 6.6225
August 6.5940 6.4757 6.5415
September 6.7674 6.5788 6.6510
October 6.7608 6.6605 6.7090
November 6.7045 6.5381 6.6040
December 6.6347 6.4007 6.5146