2023 FKP to DOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 FKP to DOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the FKP to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 74.0281. Conversely, the yearly low was recorded on March 7, dropping to 65.3827.
This high-to-low spread represents a total annual volatility of 8.6454 DOP. From a start-to-finish perspective, comparing the January average rate of 69.2912 to the December average rate of 72.6182, the exchange rate registered a net change of 4.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 74.0281 was down 6.44% compared to the 2022 peak of 79.1215, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
FKP 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 68.2059, compared to 71.0623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8563 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 3.5298 DOP (High: 70.1348 / Low: 66.6050). On the other end, August was the most stable month, with a tight range of 0.9210 DOP (High: 72.3513 / Low: 71.4303).
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 August and September, when the average rate fell by 1.6153 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 72.6182) against the same month in 2022 (average: 67.3693), the exchange rate shifted by +5.2489 (+7.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 70.4631 | 67.0193 | 69.2912 |
| February | 70.1348 | 66.6050 | 67.7776 |
| March | 67.9469 | 65.3827 | 66.7001 |
| April | 68.7021 | 67.3246 | 68.0780 |
| May | 68.8900 | 67.2836 | 68.0389 |
| June | 70.4959 | 67.8447 | 69.3498 |
| July | 73.3151 | 69.8350 | 71.8708 |
| August | 72.3513 | 71.4303 | 71.9208 |
| September | 71.9329 | 68.9029 | 70.3055 |
| October | 69.9684 | 68.5617 | 69.1269 |
| November | 72.1898 | 69.1441 | 70.5314 |
| December | 74.0281 | 71.4552 | 72.6182 |