YEARLY HIGH
0.0977 BRL
YEARLY LOW
0.0835 BRL
YEARLY AVERAGE
0.0892 BRL

2023 DOP to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0977. Conversely, the yearly low was recorded on December 31, dropping to 0.0835.

This high-to-low spread represents a total annual volatility of 0.0142 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0917 to the December average rate of 0.0854, the exchange rate registered a net change of -6.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0977 was down 3.81% compared to the 2022 peak of 0.1016, 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 488 BRL
2022 Average 470 BRL
Yearly Trough Low 418 BRL
Transaction Impact: A difference of 70.91 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0958
0.0845
JanuMarcMayJulySeptNove

DOP to BRL 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 0.0917, compared to 0.0868 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.0917
H2 Avg (Jul–Dec) 0.0868

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0081 BRL (High: 0.0974 / Low: 0.0893). On the other end, November was the most stable month, with a tight range of 0.0018 BRL (High: 0.0873 / Low: 0.0855).

January Spread (Volatile) ±0.0081
November Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0948) against the same month in 2022 (average: 0.0905), the exchange rate shifted by +0.0043 (+4.75%).

2023 Avg (March) 0.0948
2022 Avg (March) 0.0905

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0974 0.0893 0.0917
February 0.0942 0.0893 0.0922
March 0.0977 0.0924 0.0948
April 0.0928 0.0896 0.0917
May 0.0927 0.0895 0.0913
June 0.0918 0.0865 0.0884
July 0.0883 0.0841 0.0860
August 0.0881 0.0852 0.0867
September 0.0888 0.0856 0.0871
October 0.0913 0.0876 0.0891
November 0.0873 0.0855 0.0864
December 0.0872 0.0835 0.0854