YEARLY HIGH
43.9579 DOP
YEARLY LOW
40.2771 DOP
YEARLY AVERAGE
41.7095 DOP

2023 BND to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 43.9579. Conversely, the yearly low was recorded on May 31, dropping to 40.2771.

This high-to-low spread represents a total annual volatility of 3.6808 DOP. From a start-to-finish perspective, comparing the January average rate of 42.6500 to the December average rate of 43.0339, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 43.9579 was up 2.23% compared to the 2022 peak of 43.0005, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 219,789 DOP
2022 Average 199,425 DOP
Yearly Trough Low 201,385 DOP
Transaction Impact: A difference of 18,403.83 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

43.2643
40.5000
JanuMarcMayJulySeptNove

BND 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 41.4132, compared to 42.0059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5927 points.

H1 Avg (Jan–Jun) 41.4132
H2 Avg (Jul–Dec) 42.0059

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.0895 DOP (High: 43.3121 / Low: 41.2225). On the other end, October was the most stable month, with a tight range of 0.4299 DOP (High: 41.7039 / Low: 41.2740).

February Spread (Volatile) ±2.0895
October Spread (Stable) ±0.4299

Growth Streaks & Declines

Trends

Between 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 1.1710 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1710

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 43.0339) against the same month in 2022 (average: 40.9396), the exchange rate shifted by +2.0943 (+5.12%).

2023 Avg (December) 43.0339
2022 Avg (December) 40.9396

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.2327 41.8176 42.6500
February 43.3121 41.2225 42.1851
March 41.4513 40.6185 41.0141
April 41.3976 40.7270 41.1226
May 41.1917 40.2771 40.7304
June 41.0832 40.3303 40.7769
July 42.3966 40.7590 41.8201
August 42.1918 41.6850 41.9292
September 42.0707 41.3773 41.6607
October 41.7039 41.2740 41.4985
November 42.6988 41.3901 42.0927
December 43.9579 42.3588 43.0339