2023 CVE to DOP Historical Review

YEARLY HIGH

0.5826 DOP

YEARLY LOW

0.5218 DOP

YEARLY AVERAGE

0.5485 DOP

2023 CVE to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.5826. Conversely, the yearly low was recorded on June 13, dropping to 0.5218.

This high-to-low spread represents a total annual volatility of 0.0608 DOP. From a start-to-finish perspective, comparing the January average rate of 0.5522 to the December average rate of 0.5668, the exchange rate registered a net change of 2.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5826 was down 2.62% compared to the 2022 peak of 0.5982, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,913 DOP

2022 Average 2,622 DOP

Yearly Trough Low 2,609 DOP

Transaction Impact: A difference of 303.84 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5701

0.5298

JanuMarcMayJulySeptNove

CVE 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 0.5413, compared to 0.5557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 0.5413

H2 Avg (Jul–Dec) 0.5557

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0295 DOP (High: 0.5826 / Low: 0.5530). On the other end, October was the most stable month, with a tight range of 0.0105 DOP (High: 0.5486 / Low: 0.5381).

December Spread (Volatile) ±0.0295

October Spread (Stable) ±0.0105

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 0.0120 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5668) against the same month in 2022 (average: 0.5304), the exchange rate shifted by +0.0364 (+6.86%).

2023 Avg (December) 0.5668

2022 Avg (December) 0.5304

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5601	0.5367	0.5522
February	0.5613	0.5328	0.5451
March	0.5408	0.5272	0.5332
April	0.5502	0.5383	0.5432
May	0.5443	0.5281	0.5365
June	0.5463	0.5218	0.5379
July	0.5717	0.5441	0.5591
August	0.5675	0.5563	0.5601
September	0.5584	0.5420	0.5496
October	0.5486	0.5381	0.5436
November	0.5656	0.5365	0.5552
December	0.5826	0.5530	0.5668