2023 MWK to DOP Historical Review

YEARLY HIGH

0.0560 DOP

YEARLY LOW

0.0337 DOP

YEARLY AVERAGE

0.0505 DOP

2023 MWK to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0560. Conversely, the yearly low was recorded on November 20, dropping to 0.0337.

This high-to-low spread represents a total annual volatility of 0.0223 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0553 to the December average rate of 0.0340, the exchange rate registered a net change of -38.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0560 was down 22.05% compared to the 2022 peak of 0.0718, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 280 DOP

2022 Average 299 DOP

Yearly Trough Low 168 DOP

Transaction Impact: A difference of 111.39 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0574

0.0319

JanuMarcMayJulySeptNove

MWK 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 0.0540, compared to 0.0471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.0540

H2 Avg (Jul–Dec) 0.0471

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0173 DOP (High: 0.0510 / Low: 0.0337). On the other end, May was the most stable month, with a tight range of 0.0004 DOP (High: 0.0534 / Low: 0.0529).

November Spread (Volatile) ±0.0173

May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0085 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0553) against the same month in 2022 (average: 0.0706), the exchange rate shifted by -0.0153 (-21.62%).

2023 Avg (January) 0.0553

2022 Avg (January) 0.0706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0560	0.0548	0.0553
February	0.0554	0.0541	0.0547
March	0.0545	0.0523	0.0535
April	0.0539	0.0530	0.0534
May	0.0534	0.0529	0.0532
June	0.0543	0.0525	0.0536
July	0.0534	0.0524	0.0531
August	0.0538	0.0520	0.0527
September	0.0540	0.0511	0.0523
October	0.0526	0.0490	0.0495
November	0.0510	0.0337	0.0410
December	0.0345	0.0337	0.0340