2023 DOP to XOF Historical Review

YEARLY HIGH

11.3218 XOF

YEARLY LOW

10.2110 XOF

YEARLY AVERAGE

10.8299 XOF

2023 DOP to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 11.3218. Conversely, the yearly low was recorded on December 30, dropping to 10.2110.

This high-to-low spread represents a total annual volatility of 1.1108 XOF. From a start-to-finish perspective, comparing the January average rate of 10.7463 to the December average rate of 10.4765, the exchange rate registered a net change of -2.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.3218 was down 11.66% compared to the 2022 peak of 12.8166, 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 56,609 XOF

2022 Average 56,835 XOF

Yearly Trough Low 51,055 XOF

Transaction Impact: A difference of 5,553.83 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.2084

10.4099

JanuMarcMayJulySeptNove

DOP to XOF 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 10.9659, compared to 10.6938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2720 points.

H1 Avg (Jan–Jun) 10.9659

H2 Avg (Jul–Dec) 10.6938

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.6364 XOF (High: 11.1569 / Low: 10.5205). On the other end, August was the most stable month, with a tight range of 0.1858 XOF (High: 10.7082 / Low: 10.5223).

February Spread (Volatile) ±0.6364

August Spread (Stable) ±0.1858

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3928 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3928

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 11.1418) against the same month in 2022 (average: 10.8531), the exchange rate shifted by +0.2887 (+2.66%).

2023 Avg (March) 11.1418

2022 Avg (March) 10.8531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.0796	10.6039	10.7463
February	11.1569	10.5205	10.9118
March	11.3218	10.9660	11.1418
April	11.0794	10.7902	10.9133
May	11.2412	10.7519	11.0575
June	11.2374	10.8514	11.0244
July	10.9293	10.4273	10.6316
August	10.7082	10.5223	10.6181
September	10.9971	10.6666	10.8237
October	11.0364	10.7942	10.9305
November	10.9113	10.4810	10.6826
December	10.7075	10.2110	10.4765