2023 NZD to DOP Historical Review

YEARLY HIGH

36.8881 DOP

YEARLY LOW

32.8651 DOP

YEARLY AVERAGE

34.3879 DOP

2023 NZD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 36.8881. Conversely, the yearly low was recorded on May 31, dropping to 32.8651.

This high-to-low spread represents a total annual volatility of 4.0230 DOP. From a start-to-finish perspective, comparing the January average rate of 36.2510 to the December average rate of 35.7133, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 36.8881 was down 6.64% compared to the 2022 peak of 39.5111, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 184,441 DOP

2022 Average 174,884 DOP

Yearly Trough Low 164,326 DOP

Transaction Impact: A difference of 20,115.14 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.5277

33.2065

JanuMarcMayJulySeptNove

NZD 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 34.5223, compared to 34.2535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2689 points.

H1 Avg (Jan–Jun) 34.5223

H2 Avg (Jul–Dec) 34.2535

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.5988 DOP (High: 36.8881 / Low: 34.2893). On the other end, September was the most stable month, with a tight range of 0.8014 DOP (High: 34.1075 / Low: 33.3060).

February Spread (Volatile) ±2.5988

September Spread (Stable) ±0.8014

Growth Streaks & Declines

Trends

Between October and December, 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 1.1790 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1790

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 35.2864) against the same month in 2022 (average: 37.9343), the exchange rate shifted by -2.6479 (-6.98%).

2023 Avg (February) 35.2864

2022 Avg (February) 37.9343

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.8655	35.0394	36.2510
February	36.8881	34.2893	35.2864
March	34.7258	33.6490	34.1074
April	34.6834	33.3591	33.9684
May	34.7464	32.8651	33.8512
June	34.2316	33.0370	33.6697
July	35.6935	33.7262	34.7294
August	34.5563	33.5174	33.9078
September	34.1075	33.3060	33.6457
October	34.3494	32.9499	33.4833
November	35.0275	33.3535	34.0414
December	36.7468	34.8615	35.7133