Delta Medallion members can participate in a "one-time rollover MQM conversion" based on their MQMs earned during the 2023 calendar year.
The article from Travel + Leisure discusses Delta Air Lines' announcement that it will no longer allow the conversion of Medallion Qualification Miles (MQMs) into Medallion Qualification Dollars (MQDs) after December 31, 2023. This change affects how Delta SkyMiles members can achieve elite status, as MQDs are one of the three metrics (alongside MQMs and Medallion Qualification Segments) required for status qualification. Previously, members could convert MQMs into MQDs at a rate of 20:1, but this option will soon be eliminated. Delta has made this decision as part of its ongoing efforts to refine its SkyMiles program, encouraging members to earn MQDs through direct spending on Delta flights, Delta Vacations, or through the use of Delta co-branded credit cards. This shift aims to align the program more closely with revenue generation, reflecting broader trends in airline loyalty programs where spending is increasingly prioritized over miles flown.