2023 DOP to MXN Historical Review

YEARLY HIGH

0.3500 MXN

YEARLY LOW

0.2921 MXN

YEARLY AVERAGE

0.3169 MXN

2023 DOP to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.3500. Conversely, the yearly low was recorded on December 30, dropping to 0.2921.

This high-to-low spread represents a total annual volatility of 0.0579 MXN. From a start-to-finish perspective, comparing the January average rate of 0.3351 to the December average rate of 0.2995, the exchange rate registered a net change of -10.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3500 was down 10.05% compared to the 2022 peak of 0.3891, 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 1,750 MXN

2022 Average 1,830 MXN

Yearly Trough Low 1,460 MXN

Transaction Impact: A difference of 289.59 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3387

0.2959

JanuMarcMayJulySeptNove

DOP to MXN 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 0.3285, compared to 0.3053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 0.3285

H2 Avg (Jul–Dec) 0.3053

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0264 MXN (High: 0.3500 / Low: 0.3236). On the other end, April was the most stable month, with a tight range of 0.0050 MXN (High: 0.3336 / Low: 0.3285).

March Spread (Volatile) ±0.0264

April Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between August and October, 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 October and November, when the average rate fell by 0.0123 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.3350) against the same month in 2022 (average: 0.3742), the exchange rate shifted by -0.0391 (-10.46%).

2023 Avg (March) 0.3350

2022 Avg (March) 0.3742

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3466	0.3284	0.3351
February	0.3392	0.3280	0.3310
March	0.3500	0.3236	0.3350
April	0.3336	0.3285	0.3303
May	0.3299	0.3195	0.3251
June	0.3222	0.3094	0.3143
July	0.3113	0.2970	0.3032
August	0.3077	0.2944	0.3000
September	0.3115	0.3009	0.3048
October	0.3230	0.3061	0.3185
November	0.3132	0.2994	0.3062
December	0.3069	0.2921	0.2995