YEARLY HIGH
0.3619 SZL
YEARLY LOW
0.2964 SZL
YEARLY AVERAGE
0.3295 SZL

2023 DOP to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.3619. Conversely, the yearly low was recorded on January 13, dropping to 0.2964.

This high-to-low spread represents a total annual volatility of 0.0656 SZL. From a start-to-finish perspective, comparing the January average rate of 0.3022 to the December average rate of 0.3251, the exchange rate registered a net change of 7.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3619 was up 5.79% compared to the 2022 peak of 0.3421, 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 1,810 SZL
2022 Average 1,491 SZL
Yearly Trough Low 1,482 SZL
Transaction Impact: A difference of 327.78 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3539
0.2975
JanuMarcMayJulySeptNove

DOP to SZL 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 0.3291, compared to 0.3299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.3291
H2 Avg (Jul–Dec) 0.3299

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0312 SZL (High: 0.3619 / Low: 0.3307). On the other end, September was the most stable month, with a tight range of 0.0090 SZL (High: 0.3387 / Low: 0.3297).

June Spread (Volatile) ±0.0312
September Spread (Stable) ±0.0090

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 0.0145 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.3411) against the same month in 2022 (average: 0.2875), the exchange rate shifted by +0.0536 (+18.65%).

2023 Avg (June) 0.3411
2022 Avg (June) 0.2875

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3075 0.2964 0.3022
February 0.3320 0.3021 0.3187
March 0.3395 0.3249 0.3322
April 0.3365 0.3240 0.3314
May 0.3618 0.3360 0.3492
June 0.3619 0.3307 0.3411
July 0.3435 0.3131 0.3266
August 0.3439 0.3200 0.3317
September 0.3387 0.3297 0.3340
October 0.3433 0.3303 0.3357
November 0.3338 0.3196 0.3262
December 0.3355 0.3174 0.3251