YEARLY HIGH
46.4922 SYP
YEARLY LOW
43.2398 SYP
YEARLY AVERAGE
44.8876 SYP

2023 DOP to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 46.4922. Conversely, the yearly low was recorded on December 31, dropping to 43.2398.

This high-to-low spread represents a total annual volatility of 3.2523 SYP. From a start-to-finish perspective, comparing the January average rate of 44.3998 to the December average rate of 43.8272, the exchange rate registered a net change of -1.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 46.4922 was down 2.38% compared to the 2022 peak of 47.6277, 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 232,461 SYP
2022 Average 228,686 SYP
Yearly Trough Low 216,199 SYP
Transaction Impact: A difference of 16,261.58 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

46.3001
43.6024
JanuMarcMayJulySeptNove

DOP to SYP 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 45.4415, compared to 44.3336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1079 points.

H1 Avg (Jan–Jun) 45.4415
H2 Avg (Jul–Dec) 44.3336

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.2782 SYP (High: 46.4922 / Low: 45.2140). On the other end, October was the most stable month, with a tight range of 0.3099 SYP (High: 44.4281 / Low: 44.1182).

March Spread (Volatile) ±1.2782
October Spread (Stable) ±0.3099

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 0.7613 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.7613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 45.7265) against the same month in 2022 (average: 45.7415), the exchange rate shifted by -0.0151 (-0.03%).

2023 Avg (March) 45.7265
2022 Avg (March) 45.7415

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 44.6634 44.2273 44.3998
February 45.1989 43.9587 44.7258
March 46.4922 45.2140 45.7265
April 46.4785 45.7285 45.9340
May 46.1862 45.8419 46.0753
June 46.1142 45.3935 45.7879
July 45.6742 44.7019 45.0265
August 44.8291 44.1060 44.3711
September 44.4292 44.0898 44.2696
October 44.4281 44.1182 44.2356
November 44.6261 43.9446 44.2716
December 44.2027 43.2398 43.8272