YEARLY HIGH
0.0413 FJD
YEARLY LOW
0.0378 FJD
YEARLY AVERAGE
0.0398 FJD

2023 DOP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0413. Conversely, the yearly low was recorded on December 31, dropping to 0.0378.

This high-to-low spread represents a total annual volatility of 0.0035 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0385 to the December average rate of 0.0386, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0413 was down 5.40% compared to the 2022 peak of 0.0437, 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 206 FJD
2022 Average 199 FJD
Yearly Trough Low 189 FJD
Transaction Impact: A difference of 17.62 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0410
0.0383
JanuMarcMayJulySeptNove

DOP to FJD 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 0.0400, compared to 0.0397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0400
H2 Avg (Jul–Dec) 0.0397

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0018 FJD (High: 0.0399 / Low: 0.0380). On the other end, October was the most stable month, with a tight range of 0.0007 FJD (High: 0.0404 / Low: 0.0397).

February Spread (Volatile) ±0.0018
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0012 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0406) against the same month in 2022 (average: 0.0396), the exchange rate shifted by +0.0009 (+2.34%).

2023 Avg (June) 0.0406
2022 Avg (June) 0.0396

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0395 0.0379 0.0385
February 0.0399 0.0380 0.0391
March 0.0409 0.0398 0.0404
April 0.0411 0.0400 0.0405
May 0.0413 0.0402 0.0408
June 0.0413 0.0400 0.0406
July 0.0406 0.0389 0.0397
August 0.0406 0.0394 0.0398
September 0.0405 0.0397 0.0400
October 0.0404 0.0397 0.0402
November 0.0406 0.0391 0.0398
December 0.0394 0.0378 0.0386