YEARLY HIGH
0.0248 BND
YEARLY LOW
0.0227 BND
YEARLY AVERAGE
0.0240 BND

2023 DOP to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.0248. Conversely, the yearly low was recorded on December 31, dropping to 0.0227.

This high-to-low spread represents a total annual volatility of 0.0021 BND. From a start-to-finish perspective, comparing the January average rate of 0.0234 to the December average rate of 0.0232, the exchange rate registered a net change of -0.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0248 was down 8.45% compared to the 2022 peak of 0.0271, 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 124 BND
2022 Average 126 BND
Yearly Trough Low 114 BND
Transaction Impact: A difference of 10.39 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0247
0.0231
JanuMarcMayJulySeptNove

DOP to BND 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 0.0242, compared to 0.0238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0242
H2 Avg (Jul–Dec) 0.0238

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0012 BND (High: 0.0243 / Low: 0.0231). On the other end, October was the most stable month, with a tight range of 0.0002 BND (High: 0.0242 / Low: 0.0240).

February Spread (Volatile) ±0.0012
October Spread (Stable) ±0.0002

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 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0246) against the same month in 2022 (average: 0.0251), the exchange rate shifted by -0.0005 (-2.03%).

2023 Avg (May) 0.0246
2022 Avg (May) 0.0251

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0239 0.0231 0.0234
February 0.0243 0.0231 0.0237
March 0.0246 0.0241 0.0244
April 0.0246 0.0242 0.0243
May 0.0248 0.0243 0.0246
June 0.0248 0.0243 0.0245
July 0.0245 0.0236 0.0239
August 0.0240 0.0237 0.0238
September 0.0242 0.0238 0.0240
October 0.0242 0.0240 0.0241
November 0.0242 0.0234 0.0238
December 0.0236 0.0227 0.0232