YEARLY HIGH
0.0133 DOP
YEARLY LOW
0.0121 DOP
YEARLY AVERAGE
0.0126 DOP

2023 MGA to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0133. Conversely, the yearly low was recorded on June 20, dropping to 0.0121.

This high-to-low spread represents a total annual volatility of 0.0012 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0129 to the December average rate of 0.0125, the exchange rate registered a net change of -2.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0133 was down 8.71% compared to the 2022 peak of 0.0146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67 DOP
2022 Average 67 DOP
Yearly Trough Low 61 DOP
Transaction Impact: A difference of 6.00 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0132
0.0122
JanuMarcMayJulySeptNove

MGA 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 0.0126, compared to 0.0125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0126
H2 Avg (Jul–Dec) 0.0125

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0009 DOP (High: 0.0133 / Low: 0.0124). On the other end, October was the most stable month, with a tight range of 0.0001 DOP (High: 0.0126 / Low: 0.0125).

January Spread (Volatile) ±0.0009
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0129) against the same month in 2022 (average: 0.0145), the exchange rate shifted by -0.0016 (-11.03%).

2023 Avg (January) 0.0129
2022 Avg (January) 0.0145

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0133 0.0124 0.0129
February 0.0133 0.0130 0.0131
March 0.0129 0.0125 0.0127
April 0.0127 0.0123 0.0125
May 0.0125 0.0123 0.0124
June 0.0124 0.0121 0.0123
July 0.0127 0.0121 0.0124
August 0.0127 0.0125 0.0126
September 0.0127 0.0125 0.0126
October 0.0126 0.0125 0.0125
November 0.0127 0.0125 0.0126
December 0.0126 0.0124 0.0125