2023 DOP to INR Historical Review

YEARLY HIGH

1.5272 INR

YEARLY LOW

1.4268 INR

YEARLY AVERAGE

1.4751 INR

2023 DOP to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 1.5272. Conversely, the yearly low was recorded on January 22, dropping to 1.4268.

This high-to-low spread represents a total annual volatility of 0.1004 INR. From a start-to-finish perspective, comparing the January average rate of 1.4442 to the December average rate of 1.4521, the exchange rate registered a net change of 0.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5272 was down 1.35% compared to the 2022 peak of 1.5480, 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 7,636 INR

2022 Average 7,158 INR

Yearly Trough Low 7,134 INR

Transaction Impact: A difference of 502.08 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5161

1.4377

JanuMarcMayJulySeptNove

DOP to INR 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 1.4862, compared to 1.4639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 1.4862

H2 Avg (Jul–Dec) 1.4639

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0567 INR (High: 1.5272 / Low: 1.4705). On the other end, October was the most stable month, with a tight range of 0.0126 INR (High: 1.4705 / Low: 1.4579).

March Spread (Volatile) ±0.0567

October Spread (Stable) ±0.0126

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 0.0246 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1.4967) against the same month in 2022 (average: 1.3883), the exchange rate shifted by +0.1084 (+7.81%).

2023 Avg (March) 1.4967

2022 Avg (March) 1.3883

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4710	1.4268	1.4442
February	1.4875	1.4409	1.4709
March	1.5272	1.4705	1.4967
April	1.5122	1.4891	1.4982
May	1.5224	1.4990	1.5096
June	1.5124	1.4832	1.4975
July	1.4940	1.4556	1.4730
August	1.4751	1.4522	1.4629
September	1.4695	1.4518	1.4632
October	1.4705	1.4579	1.4653
November	1.4770	1.4572	1.4672
December	1.4658	1.4303	1.4521