2023 IQD to DOP Historical Review

YEARLY HIGH

0.0443 DOP

YEARLY LOW

0.0370 DOP

YEARLY AVERAGE

0.0413 DOP

2023 IQD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0443. Conversely, the yearly low was recorded on April 30, dropping to 0.0370.

This high-to-low spread represents a total annual volatility of 0.0073 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0388 to the December average rate of 0.0437, the exchange rate registered a net change of 12.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0443 was up 11.84% compared to the 2022 peak of 0.0396, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 222 DOP

2022 Average 188 DOP

Yearly Trough Low 185 DOP

Transaction Impact: A difference of 36.58 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0443

0.0371

JanuMarcMayJulySeptNove

IQD 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 0.0393, compared to 0.0433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0393

H2 Avg (Jul–Dec) 0.0433

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0045 DOP (High: 0.0418 / Low: 0.0373). On the other end, September was the most stable month, with a tight range of 0.0002 DOP (High: 0.0435 / Low: 0.0433).

May Spread (Volatile) ±0.0045

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0008 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0437) against the same month in 2022 (average: 0.0379), the exchange rate shifted by +0.0058 (+15.41%).

2023 Avg (December) 0.0437

2022 Avg (December) 0.0379

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0389	0.0385	0.0388
February	0.0388	0.0381	0.0385
March	0.0381	0.0375	0.0377
April	0.0415	0.0370	0.0377
May	0.0418	0.0373	0.0414
June	0.0423	0.0416	0.0419
July	0.0429	0.0421	0.0426
August	0.0434	0.0429	0.0432
September	0.0435	0.0433	0.0433
October	0.0435	0.0433	0.0434
November	0.0436	0.0433	0.0434
December	0.0443	0.0434	0.0437