YEARLY HIGH
159.2760 GNF
YEARLY LOW
148.2571 GNF
YEARLY AVERAGE
153.9770 GNF

2023 DOP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 159.2760. Conversely, the yearly low was recorded on December 31, dropping to 148.2571.

This high-to-low spread represents a total annual volatility of 11.0189 GNF. From a start-to-finish perspective, comparing the January average rate of 153.1513 to the December average rate of 150.0490, the exchange rate registered a net change of -2.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 159.2760 was down 3.43% compared to the 2022 peak of 164.9387, 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 796,380 GNF
2022 Average 801,405 GNF
Yearly Trough Low 741,285 GNF
Transaction Impact: A difference of 55,094.73 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

158.9716
149.2379
JanuMarcMayJulySeptNove

DOP to GNF 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 156.1331, compared to 151.8208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3122 points.

H1 Avg (Jan–Jun) 156.1331
H2 Avg (Jul–Dec) 151.8208

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 5.1780 GNF (High: 157.1990 / Low: 152.0210). On the other end, October was the most stable month, with a tight range of 1.5914 GNF (High: 152.2619 / Low: 150.6706).

February Spread (Volatile) ±5.1780
October Spread (Stable) ±1.5914

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 June and July, when the average rate fell by 2.9428 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.9428

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 157.1794) against the same month in 2022 (average: 162.9052), the exchange rate shifted by -5.7258 (-3.51%).

2023 Avg (March) 157.1794
2022 Avg (March) 162.9052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 156.1050 151.7239 153.1513
February 157.1990 152.0210 153.8912
March 159.2760 155.9821 157.1794
April 158.0822 156.3828 157.2278
May 159.0408 157.1280 158.1605
June 158.8511 155.7851 157.1884
July 156.3566 152.9481 154.2456
August 154.2635 151.1352 152.0709
September 152.7180 150.8107 151.6104
October 152.2619 150.6706 151.4207
November 153.6362 150.4154 151.5284
December 151.3632 148.2571 150.0490