2023 DOP to AED Historical Review

YEARLY HIGH

0.0680 AED

YEARLY LOW

0.0632 AED

YEARLY AVERAGE

0.0656 AED

2023 DOP to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0680. Conversely, the yearly low was recorded on December 30, dropping to 0.0632.

This high-to-low spread represents a total annual volatility of 0.0048 AED. From a start-to-finish perspective, comparing the January average rate of 0.0649 to the December average rate of 0.0641, the exchange rate registered a net change of -1.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0680 was down 2.39% compared to the 2022 peak of 0.0696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 340 AED

2022 Average 334 AED

Yearly Trough Low 316 AED

Transaction Impact: A difference of 23.78 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0677

0.0637

JanuMarcMayJulySeptNove

DOP to AED 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 0.0664, compared to 0.0648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0664

H2 Avg (Jul–Dec) 0.0648

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0019 AED (High: 0.0680 / Low: 0.0661). On the other end, October was the most stable month, with a tight range of 0.0005 AED (High: 0.0649 / Low: 0.0645).

March Spread (Volatile) ±0.0019

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0668) against the same month in 2022 (average: 0.0669), the exchange rate shifted by -0.0000 (-0.06%).

2023 Avg (March) 0.0668

2022 Avg (March) 0.0669

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0653	0.0647	0.0649
February	0.0661	0.0643	0.0654
March	0.0680	0.0661	0.0668
April	0.0679	0.0668	0.0671
May	0.0675	0.0670	0.0673
June	0.0674	0.0664	0.0669
July	0.0668	0.0653	0.0658
August	0.0655	0.0645	0.0649
September	0.0649	0.0645	0.0647
October	0.0649	0.0645	0.0647
November	0.0652	0.0642	0.0647
December	0.0646	0.0632	0.0641