YEARLY HIGH
0.0463 DOP
YEARLY LOW
0.0404 DOP
YEARLY AVERAGE
0.0429 DOP

2023 KRW to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0463. Conversely, the yearly low was recorded on April 30, dropping to 0.0404.

This high-to-low spread represents a total annual volatility of 0.0059 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0455 to the December average rate of 0.0441, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0463 was down 4.70% compared to the 2022 peak of 0.0486, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 231,604 DOP
2022 Average 213,617 DOP
Yearly Trough Low 201,984 DOP
Transaction Impact: A difference of 29,619.17 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0460
0.0406
JanuMarcMayJulySeptNove

KRW 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 0.0427, compared to 0.0431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0427
H2 Avg (Jul–Dec) 0.0431

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0043 DOP (High: 0.0463 / Low: 0.0420). On the other end, October was the most stable month, with a tight range of 0.0007 DOP (High: 0.0424 / Low: 0.0417).

February Spread (Volatile) ±0.0043
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between 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 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0439) against the same month in 2022 (average: 0.0474), the exchange rate shifted by -0.0035 (-7.42%).

2023 Avg (February) 0.0439
2022 Avg (February) 0.0474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0462 0.0440 0.0455
February 0.0463 0.0420 0.0439
March 0.0429 0.0413 0.0421
April 0.0421 0.0404 0.0414
May 0.0415 0.0405 0.0411
June 0.0432 0.0416 0.0424
July 0.0443 0.0418 0.0434
August 0.0437 0.0422 0.0428
September 0.0431 0.0419 0.0426
October 0.0424 0.0417 0.0421
November 0.0441 0.0421 0.0434
December 0.0451 0.0432 0.0441