YEARLY HIGH
0.0067 DOP
YEARLY LOW
0.0063 DOP
YEARLY AVERAGE
0.0065 DOP

2023 GNF to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0067. Conversely, the yearly low was recorded on March 4, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0005 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0067, the exchange rate registered a net change of 2.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0067 was up 4.29% compared to the 2022 peak of 0.0065, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GNF based on timing:

Yearly Peak High 34 DOP
2022 Average 31 DOP
Yearly Trough Low 31 DOP
Transaction Impact: A difference of 2.33 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0067
0.0063
JanuMarcMayJulySeptNove

GNF to DOP 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 0.0064, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0064
H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0002 DOP (High: 0.0066 / Low: 0.0064). On the other end, April was the most stable month, with a tight range of 0.0001 DOP (High: 0.0064 / Low: 0.0063).

February Spread (Volatile) ±0.0002
April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0067) against the same month in 2022 (average: 0.0064), the exchange rate shifted by +0.0003 (+4.72%).

2023 Avg (December) 0.0067
2022 Avg (December) 0.0064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0066 0.0064 0.0065
February 0.0066 0.0064 0.0065
March 0.0064 0.0063 0.0064
April 0.0064 0.0063 0.0064
May 0.0064 0.0063 0.0063
June 0.0064 0.0063 0.0064
July 0.0065 0.0064 0.0065
August 0.0066 0.0065 0.0066
September 0.0066 0.0065 0.0066
October 0.0066 0.0066 0.0066
November 0.0066 0.0065 0.0066
December 0.0067 0.0066 0.0067