2023 DOP to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 DOP to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the DOP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 27.0266. Conversely, the yearly low was recorded on December 31, dropping to 22.5650.
This high-to-low spread represents a total annual volatility of 4.4616 IQD. From a start-to-finish perspective, comparing the January average rate of 25.7948 to the December average rate of 22.8627, the exchange rate registered a net change of -11.37% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 27.0266 was down 1.96% compared to the 2022 peak of 27.5656, 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 IQD 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 25.4821, compared to 23.1013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3808 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 2.9065 IQD (High: 27.0266 / Low: 24.1201). On the other end, September was the most stable month, with a tight range of 0.1076 IQD (High: 23.1041 / Low: 22.9964).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 2.3318 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 26.5253) against the same month in 2022 (average: 26.5218), the exchange rate shifted by +0.0034 (+0.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.9533 | 25.7094 | 25.7948 |
| February | 26.2501 | 25.7727 | 25.9852 |
| March | 26.6711 | 26.2713 | 26.5273 |
| April | 27.0266 | 24.1201 | 26.5253 |
| May | 26.8123 | 23.9268 | 24.1935 |
| June | 24.0433 | 23.6676 | 23.8666 |
| July | 23.7460 | 23.2926 | 23.4511 |
| August | 23.3066 | 23.0499 | 23.1288 |
| September | 23.1041 | 22.9964 | 23.0734 |
| October | 23.0967 | 22.9712 | 23.0489 |
| November | 23.1041 | 22.9121 | 23.0431 |
| December | 23.0461 | 22.5650 | 22.8627 |