2023 DOP to NOK Historical Review

YEARLY HIGH

0.2048 NOK

YEARLY LOW

0.1726 NOK

YEARLY AVERAGE

0.1887 NOK

2023 DOP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.2048. Conversely, the yearly low was recorded on January 21, dropping to 0.1726.

This high-to-low spread represents a total annual volatility of 0.0322 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1754 to the December average rate of 0.1835, the exchange rate registered a net change of 4.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2048 was up 0.75% compared to the 2022 peak of 0.2032, 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 1,024 NOK

2022 Average 876 NOK

Yearly Trough Low 863 NOK

Transaction Impact: A difference of 161.01 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2006

0.1731

JanuMarcMayJulySeptNove

DOP to NOK 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 0.1894, compared to 0.1879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1894

H2 Avg (Jul–Dec) 0.1879

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0180 NOK (High: 0.1929 / Low: 0.1749). On the other end, September was the most stable month, with a tight range of 0.0041 NOK (High: 0.1909 / Low: 0.1867).

December Spread (Volatile) ±0.0180

September Spread (Stable) ±0.0041

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 June and July, when the average rate fell by 0.0124 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.1983) against the same month in 2022 (average: 0.1740), the exchange rate shifted by +0.0243 (+13.96%).

2023 Avg (May) 0.1983

2022 Avg (May) 0.1740

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1823	0.1726	0.1754
February	0.1873	0.1747	0.1824
March	0.1980	0.1869	0.1918
April	0.1975	0.1871	0.1921
May	0.2048	0.1925	0.1983
June	0.2026	0.1913	0.1967
July	0.1954	0.1781	0.1843
August	0.1891	0.1795	0.1850
September	0.1909	0.1867	0.1890
October	0.1970	0.1885	0.1937
November	0.1975	0.1869	0.1921
December	0.1929	0.1749	0.1835