2023 JMD to DOP Historical Review

YEARLY HIGH

0.3754 DOP

YEARLY LOW

0.3522 DOP

YEARLY AVERAGE

0.3634 DOP

2023 JMD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.3754. Conversely, the yearly low was recorded on May 17, dropping to 0.3522.

This high-to-low spread represents a total annual volatility of 0.0232 DOP. From a start-to-finish perspective, comparing the January average rate of 0.3702 to the December average rate of 0.3691, the exchange rate registered a net change of -0.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3754 was up 0.38% compared to the 2022 peak of 0.3740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,877 DOP

2022 Average 1,791 DOP

Yearly Trough Low 1,761 DOP

Transaction Impact: A difference of 115.91 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3718

0.3522

JanuMarcMayJulySeptNove

JMD 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 0.3608, compared to 0.3661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.3608

H2 Avg (Jul–Dec) 0.3661

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0098 DOP (High: 0.3754 / Low: 0.3656). On the other end, September was the most stable month, with a tight range of 0.0029 DOP (High: 0.3690 / Low: 0.3661).

December Spread (Volatile) ±0.0098

September Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0060 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3691) against the same month in 2022 (average: 0.3611), the exchange rate shifted by +0.0080 (+2.21%).

2023 Avg (December) 0.3691

2022 Avg (December) 0.3611

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3727	0.3674	0.3702
February	0.3700	0.3613	0.3642
March	0.3638	0.3585	0.3617
April	0.3651	0.3555	0.3595
May	0.3568	0.3522	0.3539
June	0.3589	0.3522	0.3552
July	0.3640	0.3571	0.3618
August	0.3684	0.3619	0.3662
September	0.3690	0.3661	0.3673
October	0.3683	0.3642	0.3666
November	0.3684	0.3632	0.3654
December	0.3754	0.3656	0.3691