YEARLY HIGH
0.0854 MYR
YEARLY LOW
0.0745 MYR
YEARLY AVERAGE
0.0814 MYR

2023 DOP to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 0.0854. Conversely, the yearly low was recorded on February 5, dropping to 0.0745.

This high-to-low spread represents a total annual volatility of 0.0109 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0765 to the December average rate of 0.0812, the exchange rate registered a net change of 6.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0854 was down 4.55% compared to the 2022 peak of 0.0894, 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 427 MYR
2022 Average 401 MYR
Yearly Trough Low 372 MYR
Transaction Impact: A difference of 54.39 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0851
0.0757
JanuMarcMayJulySeptNove

DOP to MYR 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 0.0806, compared to 0.0823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0806
H2 Avg (Jul–Dec) 0.0823

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0062 MYR (High: 0.0807 / Low: 0.0745). On the other end, September was the most stable month, with a tight range of 0.0013 MYR (High: 0.0830 / Low: 0.0817).

February Spread (Volatile) ±0.0062
September Spread (Stable) ±0.0013

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 0.0020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0844) against the same month in 2022 (average: 0.0801), the exchange rate shifted by +0.0042 (+5.29%).

2023 Avg (June) 0.0844
2022 Avg (June) 0.0801

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0783 0.0747 0.0765
February 0.0807 0.0745 0.0777
March 0.0830 0.0805 0.0814
April 0.0825 0.0801 0.0809
May 0.0847 0.0813 0.0828
June 0.0854 0.0834 0.0844
July 0.0848 0.0806 0.0823
August 0.0822 0.0803 0.0814
September 0.0830 0.0817 0.0825
October 0.0842 0.0826 0.0835
November 0.0840 0.0817 0.0827
December 0.0826 0.0791 0.0812