2023 INR to DOP Historical Review

YEARLY HIGH

0.7009 DOP

YEARLY LOW

0.6548 DOP

YEARLY AVERAGE

0.6781 DOP

2023 INR to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.7009. Conversely, the yearly low was recorded on March 18, dropping to 0.6548.

This high-to-low spread represents a total annual volatility of 0.0461 DOP. From a start-to-finish perspective, comparing the January average rate of 0.6925 to the December average rate of 0.6887, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7009 was down 10.26% compared to the 2022 peak of 0.7810, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 175,220 DOP

2022 Average 175,098 DOP

Yearly Trough Low 163,699 DOP

Transaction Impact: A difference of 11,521.01 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6955

0.6594

JanuMarcMayJulySeptNove

INR 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 0.6730, compared to 0.6831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.6730

H2 Avg (Jul–Dec) 0.6831

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0253 DOP (High: 0.6801 / Low: 0.6548). On the other end, October was the most stable month, with a tight range of 0.0059 DOP (High: 0.6859 / Low: 0.6800).

March Spread (Volatile) ±0.0253

October Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 0.0126 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6925) against the same month in 2022 (average: 0.7735), the exchange rate shifted by -0.0810 (-10.48%).

2023 Avg (January) 0.6925

2022 Avg (January) 0.7735

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7009	0.6798	0.6925
February	0.6940	0.6723	0.6799
March	0.6801	0.6548	0.6682
April	0.6715	0.6613	0.6675
May	0.6671	0.6569	0.6624
June	0.6742	0.6612	0.6678
July	0.6870	0.6694	0.6789
August	0.6886	0.6779	0.6836
September	0.6888	0.6805	0.6834
October	0.6859	0.6800	0.6825
November	0.6862	0.6770	0.6816
December	0.6992	0.6822	0.6887