YEARLY HIGH
0.1307 HRK
YEARLY LOW
0.1174 HRK
YEARLY AVERAGE
0.1245 HRK

2023 DOP to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1307. Conversely, the yearly low was recorded on December 27, dropping to 0.1174.

This high-to-low spread represents a total annual volatility of 0.0133 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1234 to the December average rate of 0.1204, the exchange rate registered a net change of -2.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1307 was down 11.20% compared to the 2022 peak of 0.1472, 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 654 HRK
2022 Average 653 HRK
Yearly Trough Low 587 HRK
Transaction Impact: A difference of 66.44 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1289
0.1196
JanuMarcMayJulySeptNove

DOP to HRK 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 0.1261, compared to 0.1229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1261
H2 Avg (Jul–Dec) 0.1229

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0073 HRK (High: 0.1281 / Low: 0.1209). On the other end, August was the most stable month, with a tight range of 0.0020 HRK (High: 0.1229 / Low: 0.1209).

February Spread (Volatile) ±0.0073
August Spread (Stable) ±0.0020

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 0.0045 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1281) against the same month in 2022 (average: 0.1252), the exchange rate shifted by +0.0029 (+2.30%).

2023 Avg (March) 0.1281
2022 Avg (March) 0.1252

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1273 0.1218 0.1234
February 0.1281 0.1209 0.1254
March 0.1307 0.1260 0.1281
April 0.1273 0.1243 0.1257
May 0.1291 0.1249 0.1272
June 0.1291 0.1246 0.1267
July 0.1256 0.1198 0.1221
August 0.1229 0.1209 0.1220
September 0.1263 0.1225 0.1244
October 0.1268 0.1240 0.1256
November 0.1253 0.1205 0.1227
December 0.1230 0.1174 0.1204