YEARLY HIGH
0.2770 DOP
YEARLY LOW
0.2556 DOP
YEARLY AVERAGE
0.2665 DOP

2023 GYD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2770. Conversely, the yearly low was recorded on April 30, dropping to 0.2556.

This high-to-low spread represents a total annual volatility of 0.0214 DOP. From a start-to-finish perspective, comparing the January average rate of 0.2699 to the December average rate of 0.2737, the exchange rate registered a net change of 1.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2770 was up 0.15% compared to the 2022 peak of 0.2766, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,385 DOP
2022 Average 1,313 DOP
Yearly Trough Low 1,278 DOP
Transaction Impact: A difference of 106.89 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2752
0.2564
JanuMarcMayJulySeptNove

GYD 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 0.2622, compared to 0.2707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.2622
H2 Avg (Jul–Dec) 0.2707

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0079 DOP (High: 0.2688 / Low: 0.2608). On the other end, September was the most stable month, with a tight range of 0.0011 DOP (High: 0.2720 / Low: 0.2709).

July Spread (Volatile) ±0.0079
September Spread (Stable) ±0.0011

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 0.0054 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2737) against the same month in 2022 (average: 0.2644), the exchange rate shifted by +0.0092 (+3.50%).

2023 Avg (December) 0.2737
2022 Avg (December) 0.2644

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2713 0.2684 0.2699
February 0.2709 0.2635 0.2662
March 0.2633 0.2595 0.2608
April 0.2599 0.2556 0.2588
May 0.2587 0.2572 0.2580
June 0.2617 0.2576 0.2595
July 0.2688 0.2608 0.2660
August 0.2715 0.2678 0.2705
September 0.2720 0.2709 0.2713
October 0.2724 0.2708 0.2715
November 0.2735 0.2692 0.2714
December 0.2770 0.2716 0.2737