YEARLY HIGH
51.8491 BIF
YEARLY LOW
36.2338 BIF
YEARLY AVERAGE
45.4293 BIF

2023 DOP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 51.8491. Conversely, the yearly low was recorded on February 4, dropping to 36.2338.

This high-to-low spread represents a total annual volatility of 15.6153 BIF. From a start-to-finish perspective, comparing the January average rate of 36.5605 to the December average rate of 49.7266, the exchange rate registered a net change of 36.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 51.8491 was up 33.30% compared to the 2022 peak of 38.8966, 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 259,246 BIF
2022 Average 185,915 BIF
Yearly Trough Low 181,169 BIF
Transaction Impact: A difference of 78,076.65 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

53.0597
35.0606
JanuMarcMayJulySeptNove

DOP to BIF 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 40.7827, compared to 50.0759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.2931 points.

H1 Avg (Jan–Jun) 40.7827
H2 Avg (Jul–Dec) 50.0759

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 13.6235 BIF (High: 51.7431 / Low: 38.1196). On the other end, November was the most stable month, with a tight range of 0.2969 BIF (High: 50.1438 / Low: 49.8470).

May Spread (Volatile) ±13.6235
November Spread (Stable) ±0.2969

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8532 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 51.5597) against the same month in 2022 (average: 37.3286), the exchange rate shifted by +14.2312 (+38.12%).

2023 Avg (June) 51.5597
2022 Avg (June) 37.3286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.8341 36.2867 36.5605
February 37.2704 36.2338 36.9052
March 38.0474 37.2881 37.7858
April 38.2920 37.8819 38.0140
May 51.7431 38.1196 43.8711
June 51.8491 51.2099 51.5597
July 51.3988 50.4155 50.7066
August 50.5573 49.8131 50.0496
September 50.1561 49.8064 49.9675
October 50.2629 49.7880 49.9711
November 50.1438 49.8470 50.0339
December 50.0966 49.1156 49.7266