YEARLY HIGH
29.0534 DOP
YEARLY LOW
27.0210 DOP
YEARLY AVERAGE
27.9954 DOP

2023 BBD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 29.0534. Conversely, the yearly low was recorded on March 18, dropping to 27.0210.

This high-to-low spread represents a total annual volatility of 2.0324 DOP. From a start-to-finish perspective, comparing the January average rate of 28.2946 to the December average rate of 28.6654, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 29.0534 was up 0.44% compared to the 2022 peak of 28.9250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 145,267 DOP
2022 Average 137,395 DOP
Yearly Trough Low 135,105 DOP
Transaction Impact: A difference of 10,162.02 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28.8054
27.1256
JanuMarcMayJulySeptNove

BBD to DOP 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 27.6518, compared to 28.3390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6871 points.

H1 Avg (Jan–Jun) 27.6518
H2 Avg (Jul–Dec) 28.3390

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.7841 DOP (High: 28.5783 / Low: 27.7942). On the other end, October was the most stable month, with a tight range of 0.1987 DOP (High: 28.4750 / Low: 28.2764).

February Spread (Volatile) ±0.7841
October Spread (Stable) ±0.1987

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.6151 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 28.6654) against the same month in 2022 (average: 27.6729), the exchange rate shifted by +0.9925 (+3.59%).

2023 Avg (December) 28.6654
2022 Avg (December) 27.6729

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.4047 28.1274 28.2946
February 28.5783 27.7942 28.0896
March 27.7849 27.0210 27.4744
April 27.4723 27.0289 27.3497
May 27.4043 27.2000 27.2656
June 27.6750 27.2425 27.4370
July 28.1032 27.5049 27.9015
August 28.4829 28.0234 28.3131
September 28.4934 28.2756 28.3776
October 28.4750 28.2764 28.3995
November 28.5875 28.1509 28.3766
December 29.0534 28.4205 28.6654