2023 DOP to CVE Historical Review

YEARLY HIGH

1.9163 CVE

YEARLY LOW

1.7165 CVE

YEARLY AVERAGE

1.8239 CVE

2023 DOP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 1.9163. Conversely, the yearly low was recorded on December 31, dropping to 1.7165.

This high-to-low spread represents a total annual volatility of 0.1999 CVE. From a start-to-finish perspective, comparing the January average rate of 1.8111 to the December average rate of 1.7649, the exchange rate registered a net change of -2.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.9163 was down 11.39% compared to the 2022 peak of 2.1628, 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 9,582 CVE

2022 Average 9,577 CVE

Yearly Trough Low 8,582 CVE

Transaction Impact: A difference of 999.44 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.8868

1.7538

JanuMarcMayJulySeptNove

DOP to CVE 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 1.8477, compared to 1.8001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0477 points.

H1 Avg (Jan–Jun) 1.8477

H2 Avg (Jul–Dec) 1.8001

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0959 CVE (High: 1.8641 / Low: 1.7682). On the other end, August was the most stable month, with a tight range of 0.0354 CVE (High: 1.7976 / Low: 1.7622).

November Spread (Volatile) ±0.0959

August Spread (Stable) ±0.0354

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 0.0704 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0704

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 1.8595) against the same month in 2022 (average: 1.9052), the exchange rate shifted by -0.0457 (-2.40%).

2023 Avg (June) 1.8595

2022 Avg (June) 1.9052

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8632	1.7854	1.8111
February	1.8769	1.7816	1.8348
March	1.8968	1.8490	1.8757
April	1.8577	1.8177	1.8409
May	1.8937	1.8373	1.8643
June	1.9163	1.8304	1.8595
July	1.8379	1.7492	1.7891
August	1.7976	1.7622	1.7856
September	1.8451	1.7909	1.8197
October	1.8584	1.8229	1.8395
November	1.8641	1.7682	1.8017
December	1.8082	1.7165	1.7649