2023 BAM to DOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BAM to DOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BAM to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 32.8459. Conversely, the yearly low was recorded on March 15, dropping to 29.6911.
This high-to-low spread represents a total annual volatility of 3.1548 DOP. From a start-to-finish perspective, comparing the January average rate of 31.1377 to the December average rate of 31.9994, the exchange rate registered a net change of 2.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 32.8459 was down 3.06% compared to the 2022 peak of 33.8825, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BAM to DOP 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 30.5687, compared to 31.3742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8055 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 1.7897 DOP (High: 31.8330 / Low: 30.0433). On the other end, April was the most stable month, with a tight range of 0.5110 DOP (High: 31.0295 / Low: 30.5184).
Growth Streaks & Declines
TrendsBetween May and August, 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 February and March, when the average rate fell by 0.6998 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 31.9994) against the same month in 2022 (average: 29.9529), the exchange rate shifted by +2.0465 (+6.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.6140 | 30.2683 | 31.1377 |
| February | 31.8330 | 30.0433 | 30.7751 |
| March | 30.5202 | 29.6911 | 30.0753 |
| April | 31.0295 | 30.5184 | 30.6926 |
| May | 30.8212 | 29.9487 | 30.3258 |
| June | 30.9154 | 29.9213 | 30.4055 |
| July | 32.2294 | 30.7240 | 31.5543 |
| August | 31.9929 | 31.3631 | 31.5979 |
| September | 31.4807 | 30.5920 | 31.0354 |
| October | 30.9808 | 30.3946 | 30.6927 |
| November | 31.9470 | 30.6275 | 31.3653 |
| December | 32.8459 | 31.3467 | 31.9994 |