2023 XDR to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 XDR to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the XDR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 25.7099. Conversely, the yearly low was recorded on December 28, dropping to 23.0983.
This high-to-low spread represents a total annual volatility of 2.6116 MDL. From a start-to-finish perspective, comparing the January average rate of 25.5130 to the December average rate of 23.4793, the exchange rate registered a net change of -7.97% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 25.7099 was down 6.33% compared to the 2022 peak of 27.4472, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
XDR to MDL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 24.6012, compared to 23.7169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8843 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 1.0330 MDL (High: 24.4582 / Low: 23.4253). On the other end, October was the most stable month, with a tight range of 0.3439 MDL (High: 23.9800 / Low: 23.6361).
Growth Streaks & Declines
TrendsBetween 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 0.4805 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 25.5130) against the same month in 2022 (average: 25.1419), the exchange rate shifted by +0.3711 (+1.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.7099 | 25.2786 | 25.5130 |
| February | 25.4306 | 24.8829 | 25.1412 |
| March | 25.1466 | 24.6058 | 24.8266 |
| April | 24.6080 | 24.1533 | 24.3462 |
| May | 24.2740 | 23.6047 | 23.8904 |
| June | 24.3988 | 23.5758 | 23.8899 |
| July | 24.4582 | 23.4253 | 24.0486 |
| August | 23.8264 | 23.3378 | 23.6012 |
| September | 23.9938 | 23.5881 | 23.7627 |
| October | 23.9800 | 23.6361 | 23.8111 |
| November | 23.7958 | 23.3973 | 23.5988 |
| December | 23.8342 | 23.0983 | 23.4793 |