YEARLY HIGH
0.0886 LYD
YEARLY LOW
0.0821 LYD
YEARLY AVERAGE
0.0859 LYD

2023 DOP to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0886. Conversely, the yearly low was recorded on December 31, dropping to 0.0821.

This high-to-low spread represents a total annual volatility of 0.0064 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0845 to the December average rate of 0.0839, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0886 was down 6.66% compared to the 2022 peak of 0.0949, 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 443 LYD
2022 Average 438 LYD
Yearly Trough Low 411 LYD
Transaction Impact: A difference of 32.14 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0881
0.0835
JanuMarcMayJulySeptNove

DOP to LYD 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 0.0866, compared to 0.0852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0866
H2 Avg (Jul–Dec) 0.0852

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0037 LYD (High: 0.0872 / Low: 0.0835). On the other end, August was the most stable month, with a tight range of 0.0009 LYD (High: 0.0854 / Low: 0.0845).

February Spread (Volatile) ±0.0037
August Spread (Stable) ±0.0009

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 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0877) against the same month in 2022 (average: 0.0875), the exchange rate shifted by +0.0003 (+0.31%).

2023 Avg (June) 0.0877
2022 Avg (June) 0.0875

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0858 0.0837 0.0845
February 0.0872 0.0835 0.0853
March 0.0881 0.0867 0.0875
April 0.0875 0.0861 0.0870
May 0.0885 0.0869 0.0877
June 0.0886 0.0869 0.0877
July 0.0872 0.0842 0.0855
August 0.0854 0.0845 0.0849
September 0.0861 0.0846 0.0855
October 0.0867 0.0857 0.0861
November 0.0869 0.0843 0.0854
December 0.0850 0.0821 0.0839