YEARLY HIGH
781.7991 IRR
YEARLY LOW
723.1078 IRR
YEARLY AVERAGE
754.2759 IRR

2023 DOP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 781.7991. Conversely, the yearly low was recorded on December 30, dropping to 723.1078.

This high-to-low spread represents a total annual volatility of 58.6913 IRR. From a start-to-finish perspective, comparing the January average rate of 741.0527 to the December average rate of 736.6482, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 781.7991 was down 2.61% compared to the 2022 peak of 802.7902, 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 3,908,995 IRR
2022 Average 3,847,428 IRR
Yearly Trough Low 3,615,539 IRR
Transaction Impact: A difference of 293,456.38 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

779.0382
732.7946
JanuMarcMayJulySeptNove

DOP to IRR 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 763.0130, compared to 745.5388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 17.4742 points.

H1 Avg (Jan–Jun) 763.0130
H2 Avg (Jul–Dec) 745.5388

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 23.6604 IRR (High: 781.7991 / Low: 758.1387). On the other end, May was the most stable month, with a tight range of 5.1070 IRR (High: 776.8842 / Low: 771.7772).

March Spread (Volatile) ±23.6604
May Spread (Stable) ±5.1070

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 13.3483 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -13.3483

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 767.3388) against the same month in 2022 (average: 769.9092), the exchange rate shifted by -2.5704 (-0.33%).

2023 Avg (March) 767.3388
2022 Avg (March) 769.9092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 744.9778 733.5991 741.0527
February 760.9510 738.3228 751.5389
March 781.7991 758.1387 767.3388
April 781.5698 768.9570 772.5652
May 776.8842 771.7772 775.1846
June 776.3605 763.3243 770.3975
July 768.0445 749.1051 757.0493
August 754.9495 741.6740 746.6530
September 747.1538 741.4010 744.4667
October 747.0908 741.8788 743.8536
November 750.2422 739.3966 744.5619
December 743.7401 723.1078 736.6482