2023 EUR to DOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 EUR to DOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the EUR to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 64.2400. Conversely, the yearly low was recorded on March 19, dropping to 57.9375.
This high-to-low spread represents a total annual volatility of 6.3025 DOP. From a start-to-finish perspective, comparing the January average rate of 61.0497 to the December average rate of 62.6286, the exchange rate registered a net change of 2.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 64.2400 was down 2.72% compared to the 2022 peak of 66.0375, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
EUR to DOP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 59.8338, compared to 61.3587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5249 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 3.5567 DOP (High: 62.3505 / Low: 58.7938). On the other end, August was the most stable month, with a tight range of 1.0818 DOP (High: 62.3395 / Low: 61.2577).
Growth Streaks & Declines
TrendsBetween May and August, 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 February and March, when the average rate fell by 1.2515 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 62.6286) against the same month in 2022 (average: 58.6452), the exchange rate shifted by +3.9835 (+6.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.8602 | 59.2039 | 61.0497 |
| February | 62.3505 | 58.7938 | 60.1286 |
| March | 59.8173 | 57.9375 | 58.8771 |
| April | 60.7917 | 59.2052 | 60.1085 |
| May | 61.0083 | 58.3529 | 59.3309 |
| June | 60.4493 | 58.3726 | 59.5082 |
| July | 62.9076 | 60.0185 | 61.7122 |
| August | 62.3395 | 61.2577 | 61.7788 |
| September | 61.4963 | 59.6481 | 60.6068 |
| October | 60.7694 | 59.4358 | 60.0125 |
| November | 62.5855 | 60.1172 | 61.4133 |
| December | 64.2400 | 61.2617 | 62.6286 |