YEARLY HIGH
58.1068 DOP
YEARLY LOW
54.0420 DOP
YEARLY AVERAGE
55.9908 DOP

2023 BMD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 58.1068. Conversely, the yearly low was recorded on March 18, dropping to 54.0420.

This high-to-low spread represents a total annual volatility of 4.0648 DOP. From a start-to-finish perspective, comparing the January average rate of 56.5893 to the December average rate of 57.3308, 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 58.1068 was up 0.44% compared to the 2022 peak of 57.8500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 290,534 DOP
2022 Average 274,791 DOP
Yearly Trough Low 270,210 DOP
Transaction Impact: A difference of 20,324.04 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

57.6108
54.2512
JanuMarcMayJulySeptNove

BMD 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 55.3036, compared to 56.6779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3743 points.

H1 Avg (Jan–Jun) 55.3036
H2 Avg (Jul–Dec) 56.6779

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.5682 DOP (High: 57.1566 / Low: 55.5883). On the other end, October was the most stable month, with a tight range of 0.3973 DOP (High: 56.9500 / Low: 56.5527).

February Spread (Volatile) ±1.5682
October Spread (Stable) ±0.3973

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 1.2302 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.2302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 57.3308) against the same month in 2022 (average: 55.3457), the exchange rate shifted by +1.9851 (+3.59%).

2023 Avg (December) 57.3308
2022 Avg (December) 55.3457

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.8094 56.2548 56.5893
February 57.1566 55.5883 56.1791
March 55.5698 54.0420 54.9489
April 54.9446 54.0579 54.6994
May 54.8086 54.4000 54.5311
June 55.3500 54.4850 54.8739
July 56.2063 55.0098 55.8030
August 56.9657 56.0468 56.6263
September 56.9867 56.5513 56.7553
October 56.9500 56.5527 56.7990
November 57.1750 56.3018 56.7532
December 58.1068 56.8411 57.3308