YEARLY HIGH
0.0370 BBD
YEARLY LOW
0.0344 BBD
YEARLY AVERAGE
0.0357 BBD

2023 DOP to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0370. Conversely, the yearly low was recorded on December 31, dropping to 0.0344.

This high-to-low spread represents a total annual volatility of 0.0026 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0353 to the December average rate of 0.0349, the exchange rate registered a net change of -1.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0370 was down 2.38% compared to the 2022 peak of 0.0379, 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 185 BBD
2022 Average 182 BBD
Yearly Trough Low 172 BBD
Transaction Impact: A difference of 12.94 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0369
0.0347
JanuMarcMayJulySeptNove

DOP to BBD 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 0.0362, compared to 0.0353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0362
H2 Avg (Jul–Dec) 0.0353

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0010 BBD (High: 0.0370 / Low: 0.0360). On the other end, October was the most stable month, with a tight range of 0.0002 BBD (High: 0.0354 / Low: 0.0351).

March Spread (Volatile) ±0.0010
October Spread (Stable) ±0.0002

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 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0364) against the same month in 2022 (average: 0.0364), the exchange rate shifted by -0.0000 (-0.05%).

2023 Avg (March) 0.0364
2022 Avg (March) 0.0364

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0356 0.0352 0.0353
February 0.0360 0.0350 0.0356
March 0.0370 0.0360 0.0364
April 0.0370 0.0364 0.0366
May 0.0368 0.0365 0.0367
June 0.0367 0.0361 0.0364
July 0.0364 0.0356 0.0358
August 0.0357 0.0351 0.0353
September 0.0354 0.0351 0.0352
October 0.0354 0.0351 0.0352
November 0.0355 0.0350 0.0352
December 0.0352 0.0344 0.0349