2023 DOP to HUF Historical Review

YEARLY HIGH

6.9013 HUF

YEARLY LOW

5.9417 HUF

YEARLY AVERAGE

6.3042 HUF

2023 DOP to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 6.9013. Conversely, the yearly low was recorded on July 18, dropping to 5.9417.

This high-to-low spread represents a total annual volatility of 0.9596 HUF. From a start-to-finish perspective, comparing the January average rate of 6.4689 to the December average rate of 6.0979, the exchange rate registered a net change of -5.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.9013 was down 16.66% compared to the 2022 peak of 8.2808, 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 34,506 HUF

2022 Average 33,989 HUF

Yearly Trough Low 29,708 HUF

Transaction Impact: A difference of 4,798.18 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.5912

6.0530

JanuMarcMayJulySeptNove

DOP to HUF 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 6.3650, compared to 6.2434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1216 points.

H1 Avg (Jan–Jun) 6.3650

H2 Avg (Jul–Dec) 6.2434

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.6005 HUF (High: 6.9013 / Low: 6.3008). On the other end, May was the most stable month, with a tight range of 0.2161 HUF (High: 6.3877 / Low: 6.1716).

March Spread (Volatile) ±0.6005

May Spread (Stable) ±0.2161

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2840 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2840

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 6.5464) against the same month in 2022 (average: 6.2391), the exchange rate shifted by +0.3073 (+4.92%).

2023 Avg (March) 6.5464

2022 Avg (March) 6.2391

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.7431	6.2574	6.4689
February	6.5078	6.2450	6.3974
March	6.9013	6.3008	6.5464
April	6.4320	6.1679	6.2623
May	6.3877	6.1716	6.2855
June	6.3410	6.1238	6.2296
July	6.3530	5.9417	6.1482
August	6.3734	6.1148	6.2334
September	6.5819	6.2173	6.3810
October	6.5580	6.2823	6.4256
November	6.3793	6.0437	6.1745
December	6.2383	5.9593	6.0979