YEARLY HIGH
16.2181 DOP
YEARLY LOW
15.0329 DOP
YEARLY AVERAGE
15.5509 DOP

2023 PGK to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 16.2181. Conversely, the yearly low was recorded on November 18, dropping to 15.0329.

This high-to-low spread represents a total annual volatility of 1.1852 DOP. From a start-to-finish perspective, comparing the January average rate of 16.0631 to the December average rate of 15.3261, the exchange rate registered a net change of -4.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.2181 was down 1.65% compared to the 2022 peak of 16.4907, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,090 DOP
2022 Average 77,910 DOP
Yearly Trough Low 75,164 DOP
Transaction Impact: A difference of 5,925.83 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.1566
15.0338
JanuMarcMayJulySeptNove

PGK 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 15.6631, compared to 15.4386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2245 points.

H1 Avg (Jan–Jun) 15.6631
H2 Avg (Jul–Dec) 15.4386

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.6465 DOP (High: 15.9659 / Low: 15.3194). On the other end, January was the most stable month, with a tight range of 0.1591 DOP (High: 16.1222 / Low: 15.9630).

July Spread (Volatile) ±0.6465
January Spread (Stable) ±0.1591

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 0.3173 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 15.9194) against the same month in 2022 (average: 16.1475), the exchange rate shifted by -0.2281 (-1.41%).

2023 Avg (February) 15.9194
2022 Avg (February) 16.1475

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.1222 15.9630 16.0631
February 16.2181 15.6195 15.9194
March 15.7769 15.3426 15.6021
April 15.5961 15.3686 15.5124
May 15.4972 15.1955 15.4380
June 15.7244 15.2040 15.4438
July 15.9659 15.3194 15.6266
August 16.0881 15.4883 15.6540
September 15.8908 15.3901 15.5732
October 15.5543 15.1043 15.3243
November 15.3160 15.0329 15.1274
December 15.5936 15.0649 15.3261