2023 DOP to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 DOP to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the DOP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 48.6712. Conversely, the yearly low was recorded on January 13, dropping to 35.7621.
This high-to-low spread represents a total annual volatility of 12.9091 CDF. From a start-to-finish perspective, comparing the January average rate of 36.2036 to the December average rate of 47.4898, the exchange rate registered a net change of 31.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 48.6712 was up 25.86% compared to the 2022 peak of 38.6694, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
DOP to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 38.6249, compared to 44.7286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1037 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 5.3627 CDF (High: 42.8048 / Low: 37.4421). On the other end, January was the most stable month, with a tight range of 0.7763 CDF (High: 36.5384 / Low: 35.7621).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.5155 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 47.4898) against the same month in 2022 (average: 36.9641), the exchange rate shifted by +10.5257 (+28.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.5384 | 35.7621 | 36.2036 |
| February | 37.2864 | 35.7789 | 36.7153 |
| March | 38.0707 | 36.8006 | 37.6360 |
| April | 40.1294 | 37.2375 | 38.0511 |
| May | 42.8048 | 37.4421 | 40.1325 |
| June | 43.5411 | 42.4238 | 43.0109 |
| July | 45.5213 | 43.5411 | 44.2451 |
| August | 44.1086 | 43.2633 | 43.7297 |
| September | 44.1171 | 43.3280 | 43.7622 |
| October | 45.6503 | 43.5532 | 44.3360 |
| November | 47.8602 | 43.6109 | 44.8087 |
| December | 48.6712 | 46.4007 | 47.4898 |