YEARLY HIGH
0.4371 DOP
YEARLY LOW
0.4117 DOP
YEARLY AVERAGE
0.4239 DOP

2023 NPR to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.4371. Conversely, the yearly low was recorded on May 22, dropping to 0.4117.

This high-to-low spread represents a total annual volatility of 0.0254 DOP. From a start-to-finish perspective, comparing the January average rate of 0.4323 to the December average rate of 0.4300, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4371 was down 10.42% compared to the 2022 peak of 0.4880, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,186 DOP
2022 Average 2,189 DOP
Yearly Trough Low 2,058 DOP
Transaction Impact: A difference of 127.23 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4341
0.4124
JanuMarcMayJulySeptNove

NPR 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 0.4207, compared to 0.4271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.4207
H2 Avg (Jul–Dec) 0.4271

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0129 DOP (High: 0.4371 / Low: 0.4242). On the other end, October was the most stable month, with a tight range of 0.0024 DOP (High: 0.4282 / Low: 0.4258).

January Spread (Volatile) ±0.0129
October Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between May and August, 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 0.0074 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4323) against the same month in 2022 (average: 0.4837), the exchange rate shifted by -0.0514 (-10.63%).

2023 Avg (January) 0.4323
2022 Avg (January) 0.4837

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4371 0.4242 0.4323
February 0.4325 0.4197 0.4251
March 0.4238 0.4142 0.4178
April 0.4203 0.4149 0.4175
May 0.4174 0.4117 0.4142
June 0.4218 0.4131 0.4173
July 0.4294 0.4204 0.4248
August 0.4296 0.4248 0.4274
September 0.4304 0.4258 0.4273
October 0.4282 0.4258 0.4269
November 0.4289 0.4222 0.4264
December 0.4357 0.4263 0.4300