YEARLY HIGH
0.0173 EUR
YEARLY LOW
0.0156 EUR
YEARLY AVERAGE
0.0165 EUR

2023 DOP to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0173. Conversely, the yearly low was recorded on December 30, dropping to 0.0156.

This high-to-low spread represents a total annual volatility of 0.0017 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0164 to the December average rate of 0.0160, the exchange rate registered a net change of -2.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0173 was down 11.66% compared to the 2022 peak of 0.0195, 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 86 EUR
2022 Average 87 EUR
Yearly Trough Low 78 EUR
Transaction Impact: A difference of 8.47 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0171
0.0159
JanuMarcMayJulySeptNove

DOP to EUR 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 0.0167, compared to 0.0163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0167
H2 Avg (Jul–Dec) 0.0163

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0010 EUR (High: 0.0170 / Low: 0.0160). On the other end, August was the most stable month, with a tight range of 0.0003 EUR (High: 0.0163 / Low: 0.0160).

February Spread (Volatile) ±0.0010
August Spread (Stable) ±0.0003

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 (March 2023: 0.0170) against the same month in 2022 (average: 0.0165), the exchange rate shifted by +0.0004 (+2.66%).

2023 Avg (March) 0.0170
2022 Avg (March) 0.0165

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0169 0.0162 0.0164
February 0.0170 0.0160 0.0166
March 0.0173 0.0167 0.0170
April 0.0169 0.0164 0.0166
May 0.0171 0.0164 0.0169
June 0.0171 0.0165 0.0168
July 0.0167 0.0159 0.0162
August 0.0163 0.0160 0.0162
September 0.0168 0.0163 0.0165
October 0.0168 0.0165 0.0167
November 0.0166 0.0160 0.0163
December 0.0163 0.0156 0.0160