2023 DOP to CNY Historical Review

YEARLY HIGH

0.1318 CNY

YEARLY LOW

0.1181 CNY

YEARLY AVERAGE

0.1263 CNY

2023 DOP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 0.1318. Conversely, the yearly low was recorded on January 13, dropping to 0.1181.

This high-to-low spread represents a total annual volatility of 0.0137 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1200 to the December average rate of 0.1242, the exchange rate registered a net change of 3.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1318 was down 2.96% compared to the 2022 peak of 0.1359, 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 659 CNY

2022 Average 613 CNY

Yearly Trough Low 591 CNY

Transaction Impact: A difference of 68.61 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1314

0.1190

JanuMarcMayJulySeptNove

DOP to CNY 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 0.1253, compared to 0.1274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1253

H2 Avg (Jul–Dec) 0.1274

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0063 CNY (High: 0.1248 / Low: 0.1185). On the other end, September was the most stable month, with a tight range of 0.0019 CNY (High: 0.1294 / Low: 0.1275).

February Spread (Volatile) ±0.0063

September Spread (Stable) ±0.0019

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 November and December, when the average rate fell by 0.0028 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1288) against the same month in 2022 (average: 0.1234), the exchange rate shifted by +0.0054 (+4.35%).

2023 Avg (July) 0.1288

2022 Avg (July) 0.1234

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1229	0.1181	0.1200
February	0.1248	0.1185	0.1218
March	0.1274	0.1237	0.1254
April	0.1279	0.1252	0.1259
May	0.1303	0.1267	0.1282
June	0.1315	0.1291	0.1304
July	0.1318	0.1265	0.1288
August	0.1289	0.1264	0.1279
September	0.1294	0.1275	0.1285
October	0.1290	0.1261	0.1281
November	0.1297	0.1240	0.1270
December	0.1260	0.1218	0.1242