2023 ILS to DOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ILS to DOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ILS to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 16.8382. Conversely, the yearly low was recorded on October 26, dropping to 13.9519.
This high-to-low spread represents a total annual volatility of 2.8863 DOP. From a start-to-finish perspective, comparing the January average rate of 16.4351 to the December average rate of 15.6500, the exchange rate registered a net change of -4.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 16.8382 was down 9.56% compared to the 2022 peak of 18.6172, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ILS 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 15.4131, compared to 15.0136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3994 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 1.5478 DOP (High: 16.7215 / Low: 15.1737). On the other end, September was the most stable month, with a tight range of 0.1911 DOP (High: 14.9571 / Low: 14.7660).
Growth Streaks & Declines
TrendsBetween May and July, 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 February and March, when the average rate fell by 0.6620 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 16.4351) against the same month in 2022 (average: 18.3648), the exchange rate shifted by -1.9296 (-10.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.8382 | 15.8449 | 16.4351 |
| February | 16.7215 | 15.1737 | 15.8616 |
| March | 15.4638 | 14.8411 | 15.1996 |
| April | 15.3557 | 14.8644 | 15.0495 |
| May | 15.0558 | 14.6089 | 14.8581 |
| June | 15.4511 | 14.5342 | 15.0745 |
| July | 15.6135 | 14.8282 | 15.2241 |
| August | 15.4785 | 14.9152 | 15.1238 |
| September | 14.9571 | 14.7660 | 14.8711 |
| October | 14.9281 | 13.9519 | 14.2813 |
| November | 15.4361 | 14.1469 | 14.9316 |
| December | 16.1370 | 15.2739 | 15.6500 |