2023 LKR to DOP Historical Review

YEARLY HIGH

0.1884 DOP

YEARLY LOW

0.1511 DOP

YEARLY AVERAGE

0.1709 DOP

2023 LKR to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.1884. Conversely, the yearly low was recorded on March 9, dropping to 0.1511.

This high-to-low spread represents a total annual volatility of 0.0373 DOP. From a start-to-finish perspective, comparing the January average rate of 0.1547 to the December average rate of 0.1755, the exchange rate registered a net change of 13.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1884 was down 34.14% compared to the 2022 peak of 0.2860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 942 DOP

2022 Average 896 DOP

Yearly Trough Low 755 DOP

Transaction Impact: A difference of 186.39 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1842

0.1511

JanuMarcMayJulySeptNove

LKR 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 0.1668, compared to 0.1750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.1668

H2 Avg (Jul–Dec) 0.1750

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0201 DOP (High: 0.1712 / Low: 0.1511). On the other end, November was the most stable month, with a tight range of 0.0018 DOP (High: 0.1741 / Low: 0.1723).

March Spread (Volatile) ±0.0201

November Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 0.0066 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1814) against the same month in 2022 (average: 0.1527), the exchange rate shifted by +0.0287 (+18.81%).

2023 Avg (June) 0.1814

2022 Avg (June) 0.1527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1560	0.1531	0.1547
February	0.1552	0.1527	0.1539
March	0.1712	0.1511	0.1645
April	0.1725	0.1660	0.1699
May	0.1856	0.1701	0.1761
June	0.1884	0.1712	0.1814
July	0.1807	0.1687	0.1748
August	0.1786	0.1736	0.1760
September	0.1780	0.1742	0.1756
October	0.1755	0.1734	0.1748
November	0.1741	0.1723	0.1732
December	0.1791	0.1731	0.1755