YEARLY HIGH
0.3614 NAD
YEARLY LOW
0.2964 NAD
YEARLY AVERAGE
0.3305 NAD

2023 DOP to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.3614. Conversely, the yearly low was recorded on January 13, dropping to 0.2964.

This high-to-low spread represents a total annual volatility of 0.0650 NAD. From a start-to-finish perspective, comparing the January average rate of 0.3018 to the December average rate of 0.3260, the exchange rate registered a net change of 8.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3614 was up 5.44% compared to the 2022 peak of 0.3428, 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 1,807 NAD
2022 Average 1,486 NAD
Yearly Trough Low 1,482 NAD
Transaction Impact: A difference of 325.15 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3548
0.2970
JanuMarcMayJulySeptNove

DOP to NAD 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 0.3294, compared to 0.3316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.3294
H2 Avg (Jul–Dec) 0.3316

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0324 NAD (High: 0.3314 / Low: 0.2990). On the other end, January was the most stable month, with a tight range of 0.0084 NAD (High: 0.3048 / Low: 0.2964).

February Spread (Volatile) ±0.0324
January Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0144 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.3500) against the same month in 2022 (average: 0.2887), the exchange rate shifted by +0.0613 (+21.22%).

2023 Avg (May) 0.3500
2022 Avg (May) 0.2887

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3048 0.2964 0.3018
February 0.3314 0.2990 0.3183
March 0.3408 0.3263 0.3326
April 0.3385 0.3236 0.3323
May 0.3614 0.3353 0.3500
June 0.3610 0.3309 0.3414
July 0.3414 0.3137 0.3270
August 0.3490 0.3244 0.3328
September 0.3388 0.3302 0.3343
October 0.3551 0.3304 0.3390
November 0.3521 0.3203 0.3304
December 0.3354 0.3182 0.3260