2023 MYR to DOP Historical Review

YEARLY HIGH

13.4233 DOP

YEARLY LOW

11.7130 DOP

YEARLY AVERAGE

12.2897 DOP

2023 MYR to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MYR to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 13.4233. Conversely, the yearly low was recorded on June 24, dropping to 11.7130.

This high-to-low spread represents a total annual volatility of 1.7104 DOP. From a start-to-finish perspective, comparing the January average rate of 13.0764 to the December average rate of 12.3101, the exchange rate registered a net change of -5.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.4233 was down 3.04% compared to the 2022 peak of 13.8447, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 268,467 DOP

2022 Average 250,336 DOP

Yearly Trough Low 234,260 DOP

Transaction Impact: A difference of 34,207.24 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.1986

11.7326

JanuMarcMayJulySeptNove

MYR 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 12.4224, compared to 12.1571 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2654 points.

H1 Avg (Jan–Jun) 12.4224

H2 Avg (Jul–Dec) 12.1571

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.0360 DOP (High: 13.4233 / Low: 12.3874). On the other end, September was the most stable month, with a tight range of 0.1881 DOP (High: 12.2420 / Low: 12.0540).

February Spread (Volatile) ±1.0360

September Spread (Stable) ±0.1881

Growth Streaks & Declines

Trends

Between June and August, 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 0.5807 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 12.8742) against the same month in 2022 (average: 13.5725), the exchange rate shifted by -0.6983 (-5.14%).

2023 Avg (February) 12.8742

2022 Avg (February) 13.5725

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.3831	12.7707	13.0764
February	13.4233	12.3874	12.8742
March	12.4214	12.0482	12.2935
April	12.4813	12.1192	12.3629
May	12.2973	11.8102	12.0727
June	11.9876	11.7130	11.8548
July	12.4042	11.7857	12.1528
August	12.4471	12.1663	12.2844
September	12.2420	12.0540	12.1256
October	12.1131	11.8728	11.9698
November	12.2454	11.9015	12.0996
December	12.6457	12.1093	12.3101