2023 PEN to DOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 PEN to DOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PEN to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 15.7250. Conversely, the yearly low was recorded on March 17, dropping to 14.4032.
This high-to-low spread represents a total annual volatility of 1.3217 DOP. From a start-to-finish perspective, comparing the January average rate of 14.8023 to the December average rate of 15.3464, the exchange rate registered a net change of 3.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 15.7250 was up 2.84% compared to the 2022 peak of 15.2914, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
PEN to DOP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.7340, compared to 15.2142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4803 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 0.6457 DOP (High: 15.7054 / Low: 15.0598). On the other end, April was the most stable month, with a tight range of 0.2293 DOP (High: 14.6983 / Low: 14.4691).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4456 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 15.5086) against the same month in 2022 (average: 14.0056), the exchange rate shifted by +1.5030 (+10.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.9982 | 14.5467 | 14.8023 |
| February | 14.8368 | 14.5142 | 14.6391 |
| March | 14.7031 | 14.4032 | 14.5478 |
| April | 14.6983 | 14.4691 | 14.5594 |
| May | 14.9291 | 14.6749 | 14.8037 |
| June | 15.2711 | 14.7896 | 15.0514 |
| July | 15.7250 | 15.2200 | 15.5086 |
| August | 15.6078 | 15.1803 | 15.3397 |
| September | 15.3832 | 14.9714 | 15.2419 |
| October | 14.9922 | 14.6701 | 14.7963 |
| November | 15.3202 | 14.6838 | 15.0527 |
| December | 15.7054 | 15.0598 | 15.3464 |