YEARLY HIGH
0.0768 MDL
YEARLY LOW
0.0691 MDL
YEARLY AVERAGE
0.0723 MDL

2023 YER to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0768. Conversely, the yearly low was recorded on July 23, dropping to 0.0691.

This high-to-low spread represents a total annual volatility of 0.0077 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0759 to the December average rate of 0.0704, the exchange rate registered a net change of -7.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0768 was down 1.79% compared to the 2022 peak of 0.0782, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 384 MDL
2022 Average 377 MDL
Yearly Trough Low 346 MDL
Transaction Impact: A difference of 38.61 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0764
0.0698
JanuMarcMayJulySeptNove

YER 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 0.0733, compared to 0.0713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0733
H2 Avg (Jul–Dec) 0.0713

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0042 MDL (High: 0.0733 / Low: 0.0691). On the other end, October was the most stable month, with a tight range of 0.0011 MDL (High: 0.0730 / Low: 0.0719).

July Spread (Volatile) ±0.0042
October Spread (Stable) ±0.0011

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 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0759) against the same month in 2022 (average: 0.0716), the exchange rate shifted by +0.0043 (+5.95%).

2023 Avg (January) 0.0759
2022 Avg (January) 0.0716

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0768 0.0747 0.0759
February 0.0756 0.0744 0.0750
March 0.0754 0.0731 0.0743
April 0.0731 0.0713 0.0721
May 0.0716 0.0705 0.0710
June 0.0731 0.0709 0.0715
July 0.0733 0.0691 0.0715
August 0.0712 0.0699 0.0706
September 0.0730 0.0710 0.0718
October 0.0730 0.0719 0.0724
November 0.0724 0.0706 0.0713
December 0.0716 0.0691 0.0704