2023 DOP to PHP Historical Review

YEARLY HIGH

1.0329 PHP

YEARLY LOW

0.9389 PHP

YEARLY AVERAGE

0.9935 PHP

2023 DOP to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 1.0329. Conversely, the yearly low was recorded on February 5, dropping to 0.9389.

This high-to-low spread represents a total annual volatility of 0.0940 PHP. From a start-to-finish perspective, comparing the January average rate of 0.9708 to the December average rate of 0.9685, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0329 was down 6.99% compared to the 2022 peak of 1.1105, 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 5,164 PHP

2022 Average 4,965 PHP

Yearly Trough Low 4,694 PHP

Transaction Impact: A difference of 469.93 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0281

0.9630

JanuMarcMayJulySeptNove

DOP to PHP 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 0.9989, compared to 0.9881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.9989

H2 Avg (Jul–Dec) 0.9881

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0588 PHP (High: 0.9977 / Low: 0.9389). On the other end, October was the most stable month, with a tight range of 0.0088 PHP (High: 1.0039 / Low: 0.9952).

February Spread (Volatile) ±0.0588

October Spread (Stable) ±0.0088

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 0.0331 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 1.0227) against the same month in 2022 (average: 0.9496), the exchange rate shifted by +0.0731 (+7.70%).

2023 Avg (May) 1.0227

2022 Avg (May) 0.9496

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9947	0.9582	0.9708
February	0.9977	0.9389	0.9765
March	1.0126	0.9872	0.9960
April	1.0296	0.9904	1.0102
May	1.0329	1.0152	1.0227
June	1.0289	0.9986	1.0171
July	1.0048	0.9696	0.9840
August	1.0035	0.9754	0.9943
September	1.0094	0.9957	1.0007
October	1.0039	0.9952	0.9997
November	0.9981	0.9700	0.9818
December	0.9815	0.9534	0.9685