2023 DOP to NZD Historical Review

YEARLY HIGH

0.0304 NZD

YEARLY LOW

0.0271 NZD

YEARLY AVERAGE

0.0291 NZD

2023 DOP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.0304. Conversely, the yearly low was recorded on February 1, dropping to 0.0271.

This high-to-low spread represents a total annual volatility of 0.0033 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0276 to the December average rate of 0.0280, the exchange rate registered a net change of 1.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0304 was down 8.85% compared to the 2022 peak of 0.0334, 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 152 NZD

2022 Average 144 NZD

Yearly Trough Low 136 NZD

Transaction Impact: A difference of 16.59 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0301

0.0274

JanuMarcMayJulySeptNove

DOP to NZD 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 0.0290, compared to 0.0292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0290

H2 Avg (Jul–Dec) 0.0292

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0021 NZD (High: 0.0292 / Low: 0.0271). On the other end, September was the most stable month, with a tight range of 0.0007 NZD (High: 0.0300 / Low: 0.0293).

February Spread (Volatile) ±0.0021

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0014 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0295) against the same month in 2022 (average: 0.0283), the exchange rate shifted by +0.0012 (+4.39%).

2023 Avg (May) 0.0295

2022 Avg (May) 0.0283

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0285	0.0271	0.0276
February	0.0292	0.0271	0.0284
March	0.0297	0.0288	0.0293
April	0.0300	0.0288	0.0294
May	0.0304	0.0288	0.0295
June	0.0303	0.0292	0.0297
July	0.0297	0.0280	0.0288
August	0.0298	0.0289	0.0295
September	0.0300	0.0293	0.0297
October	0.0303	0.0291	0.0299
November	0.0300	0.0285	0.0294
December	0.0287	0.0272	0.0280