YEARLY HIGH
0.0153 GBP
YEARLY LOW
0.0135 GBP
YEARLY AVERAGE
0.0144 GBP

2023 DOP to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0153. Conversely, the yearly low was recorded on December 30, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0018 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0144 to the December average rate of 0.0138, the exchange rate registered a net change of -4.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0153 was down 12.50% compared to the 2022 peak of 0.0175, 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 76 GBP
2022 Average 74 GBP
Yearly Trough Low 68 GBP
Transaction Impact: A difference of 8.93 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0151
0.0137
JanuMarcMayJulySeptNove

DOP to GBP 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 0.0147, compared to 0.0141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0147
H2 Avg (Jul–Dec) 0.0141

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0008 GBP (High: 0.0150 / Low: 0.0143). On the other end, August was the most stable month, with a tight range of 0.0002 GBP (High: 0.0140 / Low: 0.0138).

February Spread (Volatile) ±0.0008
August Spread (Stable) ±0.0002

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 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0150) against the same month in 2022 (average: 0.0138), the exchange rate shifted by +0.0012 (+8.40%).

2023 Avg (March) 0.0150
2022 Avg (March) 0.0138

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0149 0.0142 0.0144
February 0.0150 0.0143 0.0148
March 0.0153 0.0147 0.0150
April 0.0149 0.0146 0.0147
May 0.0149 0.0145 0.0147
June 0.0147 0.0142 0.0144
July 0.0143 0.0136 0.0139
August 0.0140 0.0138 0.0139
September 0.0145 0.0139 0.0142
October 0.0146 0.0143 0.0145
November 0.0145 0.0139 0.0142
December 0.0140 0.0135 0.0138