YEARLY HIGH
0.0500 XCD
YEARLY LOW
0.0465 XCD
YEARLY AVERAGE
0.0483 XCD

2023 DOP to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0500. Conversely, the yearly low was recorded on December 31, dropping to 0.0465.

This high-to-low spread represents a total annual volatility of 0.0035 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0478 to the December average rate of 0.0471, 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 0.0500 was down 2.38% compared to the 2022 peak of 0.0512, 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 250 XCD
2022 Average 246 XCD
Yearly Trough Low 233 XCD
Transaction Impact: A difference of 17.49 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0498
0.0469
JanuMarcMayJulySeptNove

DOP to XCD 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 0.0489, compared to 0.0477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0489
H2 Avg (Jul–Dec) 0.0477

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0014 XCD (High: 0.0500 / Low: 0.0486). On the other end, October was the most stable month, with a tight range of 0.0003 XCD (High: 0.0478 / Low: 0.0475).

March Spread (Volatile) ±0.0014
October Spread (Stable) ±0.0003

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 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0492) against the same month in 2022 (average: 0.0492), the exchange rate shifted by -0.0000 (-0.05%).

2023 Avg (March) 0.0492
2022 Avg (March) 0.0492

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0480 0.0476 0.0478
February 0.0486 0.0473 0.0481
March 0.0500 0.0486 0.0492
April 0.0500 0.0492 0.0494
May 0.0497 0.0493 0.0496
June 0.0496 0.0488 0.0493
July 0.0491 0.0481 0.0484
August 0.0482 0.0474 0.0477
September 0.0478 0.0474 0.0476
October 0.0478 0.0475 0.0476
November 0.0480 0.0473 0.0476
December 0.0475 0.0465 0.0471