2023 DOP to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 DOP to GYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the DOP to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 3.9122. Conversely, the yearly low was recorded on December 31, dropping to 3.6102.
This high-to-low spread represents a total annual volatility of 0.3019 GYD. From a start-to-finish perspective, comparing the January average rate of 3.7056 to the December average rate of 3.6542, the exchange rate registered a net change of -1.39% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 3.9122 was down 1.45% compared to the 2022 peak of 3.9697, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
DOP to GYD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.8152, compared to 3.6940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1211 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 0.1132 GYD (High: 3.8338 / Low: 3.7207). On the other end, September was the most stable month, with a tight range of 0.0145 GYD (High: 3.6911 / Low: 3.6767).
Growth Streaks & Declines
TrendsBetween 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 0.0933 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 3.8642) against the same month in 2022 (average: 3.8029), the exchange rate shifted by +0.0612 (+1.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.7254 | 3.6859 | 3.7056 |
| February | 3.7949 | 3.6915 | 3.7565 |
| March | 3.8529 | 3.7981 | 3.8344 |
| April | 3.9122 | 3.8471 | 3.8642 |
| May | 3.8876 | 3.8659 | 3.8766 |
| June | 3.8826 | 3.8215 | 3.8537 |
| July | 3.8338 | 3.7207 | 3.7604 |
| August | 3.7340 | 3.6827 | 3.6964 |
| September | 3.6911 | 3.6767 | 3.6859 |
| October | 3.6926 | 3.6716 | 3.6826 |
| November | 3.7149 | 3.6569 | 3.6846 |
| December | 3.6813 | 3.6102 | 3.6542 |