2023 DOP to BGN Historical Review

YEARLY HIGH

0.0338 BGN

YEARLY LOW

0.0304 BGN

YEARLY AVERAGE

0.0323 BGN

2023 DOP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0338. Conversely, the yearly low was recorded on December 30, dropping to 0.0304.

This high-to-low spread represents a total annual volatility of 0.0033 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0321 to the December average rate of 0.0312, the exchange rate registered a net change of -2.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0338 was down 11.74% compared to the 2022 peak of 0.0383, 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 169 BGN

2022 Average 169 BGN

Yearly Trough Low 152 BGN

Transaction Impact: A difference of 16.61 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0334

0.0310

JanuMarcMayJulySeptNove

DOP to BGN 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 0.0327, compared to 0.0319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0327

H2 Avg (Jul–Dec) 0.0319

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0016 BGN (High: 0.0333 / Low: 0.0316). On the other end, April was the most stable month, with a tight range of 0.0005 BGN (High: 0.0328 / Low: 0.0322).

February Spread (Volatile) ±0.0016

April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0332) against the same month in 2022 (average: 0.0324), the exchange rate shifted by +0.0009 (+2.70%).

2023 Avg (March) 0.0332

2022 Avg (March) 0.0324

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0330	0.0316	0.0321
February	0.0333	0.0316	0.0325
March	0.0338	0.0327	0.0332
April	0.0328	0.0322	0.0326
May	0.0335	0.0324	0.0330
June	0.0335	0.0323	0.0329
July	0.0326	0.0311	0.0317
August	0.0319	0.0313	0.0317
September	0.0328	0.0318	0.0323
October	0.0329	0.0322	0.0326
November	0.0326	0.0313	0.0319
December	0.0319	0.0304	0.0312