YEARLY HIGH
0.0276 DOP
YEARLY LOW
0.0193 DOP
YEARLY AVERAGE
0.0225 DOP

2023 BIF to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0276. Conversely, the yearly low was recorded on June 2, dropping to 0.0193.

This high-to-low spread represents a total annual volatility of 0.0083 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0274 to the December average rate of 0.0201, the exchange rate registered a net change of -26.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0276 was down 5.27% compared to the 2022 peak of 0.0291, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 138 DOP
2022 Average 135 DOP
Yearly Trough Low 96 DOP
Transaction Impact: A difference of 41.56 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0281
0.0186
JanuMarcMayJulySeptNove

BIF 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 0.0250, compared to 0.0200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0250
H2 Avg (Jul–Dec) 0.0200

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0069 DOP (High: 0.0262 / Low: 0.0193). On the other end, November was the most stable month, with a tight range of 0.0001 DOP (High: 0.0201 / Low: 0.0199).

May Spread (Volatile) ±0.0069
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and September, 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 May and June, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0271) against the same month in 2022 (average: 0.0283), the exchange rate shifted by -0.0012 (-4.29%).

2023 Avg (February) 0.0271
2022 Avg (February) 0.0283

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0276 0.0271 0.0274
February 0.0276 0.0268 0.0271
March 0.0268 0.0263 0.0265
April 0.0264 0.0261 0.0263
May 0.0262 0.0193 0.0233
June 0.0195 0.0193 0.0194
July 0.0198 0.0195 0.0197
August 0.0201 0.0198 0.0200
September 0.0201 0.0199 0.0200
October 0.0201 0.0199 0.0200
November 0.0201 0.0199 0.0200
December 0.0204 0.0200 0.0201