2023 DOP to MVR Historical Review

YEARLY HIGH

0.2850 MVR

YEARLY LOW

0.2650 MVR

YEARLY AVERAGE

0.2746 MVR

2023 DOP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.2850. Conversely, the yearly low was recorded on December 31, dropping to 0.2650.

This high-to-low spread represents a total annual volatility of 0.0199 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2719 to the December average rate of 0.2682, the exchange rate registered a net change of -1.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2850 was down 2.83% compared to the 2022 peak of 0.2933, 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 1,425 MVR

2022 Average 1,404 MVR

Yearly Trough Low 1,325 MVR

Transaction Impact: A difference of 99.67 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2827

0.2668

JanuMarcMayJulySeptNove

DOP to MVR 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 0.2778, compared to 0.2714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.2778

H2 Avg (Jul–Dec) 0.2714

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0087 MVR (High: 0.2850 / Low: 0.2762). On the other end, September was the most stable month, with a tight range of 0.0023 MVR (High: 0.2726 / Low: 0.2702).

March Spread (Volatile) ±0.0087

September Spread (Stable) ±0.0023

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 July and August, when the average rate fell by 0.0041 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2798) against the same month in 2022 (average: 0.2813), the exchange rate shifted by -0.0015 (-0.52%).

2023 Avg (March) 0.2798

2022 Avg (March) 0.2813

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2739	0.2703	0.2719
February	0.2763	0.2686	0.2733
March	0.2850	0.2762	0.2798
April	0.2841	0.2795	0.2808
May	0.2824	0.2792	0.2814
June	0.2818	0.2766	0.2796
July	0.2791	0.2731	0.2755
August	0.2739	0.2699	0.2715
September	0.2726	0.2702	0.2716
October	0.2723	0.2699	0.2709
November	0.2737	0.2682	0.2707
December	0.2705	0.2650	0.2682