YEARLY HIGH
0.3717 DOP
YEARLY LOW
0.3002 DOP
YEARLY AVERAGE
0.3223 DOP

2023 LRD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.3717. Conversely, the yearly low was recorded on November 4, dropping to 0.3002.

This high-to-low spread represents a total annual volatility of 0.0715 DOP. From a start-to-finish perspective, comparing the January average rate of 0.3642 to the December average rate of 0.3046, the exchange rate registered a net change of -16.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3717 was down 5.98% compared to the 2022 peak of 0.3953, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,858 DOP
2022 Average 1,798 DOP
Yearly Trough Low 1,501 DOP
Transaction Impact: A difference of 357.46 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3704
0.2960
JanuMarcMayJulySeptNove

LRD 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 0.3407, compared to 0.3038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0369 points.

H1 Avg (Jan–Jun) 0.3407
H2 Avg (Jul–Dec) 0.3038

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0221 DOP (High: 0.3717 / Low: 0.3496). On the other end, October was the most stable month, with a tight range of 0.0016 DOP (High: 0.3046 / Low: 0.3031).

February Spread (Volatile) ±0.0221
October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between July and September, 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 0.0145 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.3591) against the same month in 2022 (average: 0.3698), the exchange rate shifted by -0.0107 (-2.91%).

2023 Avg (February) 0.3591
2022 Avg (February) 0.3698

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3691 0.3618 0.3642
February 0.3717 0.3496 0.3591
March 0.3571 0.3356 0.3446
April 0.3386 0.3271 0.3353
May 0.3295 0.3226 0.3266
June 0.3237 0.3066 0.3143
July 0.3073 0.3009 0.3038
August 0.3056 0.3005 0.3039
September 0.3064 0.3034 0.3046
October 0.3046 0.3031 0.3039
November 0.3040 0.3002 0.3022
December 0.3083 0.3021 0.3046