YEARLY HIGH
0.5480 DOP
YEARLY LOW
0.4954 DOP
YEARLY AVERAGE
0.5166 DOP

2023 RSD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.5480. Conversely, the yearly low was recorded on March 15, dropping to 0.4954.

This high-to-low spread represents a total annual volatility of 0.0526 DOP. From a start-to-finish perspective, comparing the January average rate of 0.5201 to the December average rate of 0.5342, the exchange rate registered a net change of 2.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5480 was down 2.42% compared to the 2022 peak of 0.5616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,740 DOP
2022 Average 2,468 DOP
Yearly Trough Low 2,477 DOP
Transaction Impact: A difference of 263.13 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5374
0.4987
JanuMarcMayJulySeptNove

RSD 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 0.5098, compared to 0.5233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 0.5098
H2 Avg (Jul–Dec) 0.5233

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0299 DOP (High: 0.5311 / Low: 0.5012). On the other end, August was the most stable month, with a tight range of 0.0098 DOP (High: 0.5320 / Low: 0.5223).

February Spread (Volatile) ±0.0299
August Spread (Stable) ±0.0098

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 0.0105 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5342) against the same month in 2022 (average: 0.4997), the exchange rate shifted by +0.0345 (+6.91%).

2023 Avg (December) 0.5342
2022 Avg (December) 0.4997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5270 0.5045 0.5201
February 0.5311 0.5012 0.5124
March 0.5099 0.4954 0.5019
April 0.5169 0.5064 0.5117
May 0.5150 0.4976 0.5053
June 0.5157 0.4983 0.5076
July 0.5366 0.5123 0.5264
August 0.5320 0.5223 0.5268
September 0.5244 0.5085 0.5167
October 0.5186 0.5067 0.5118
November 0.5329 0.5130 0.5238
December 0.5480 0.5227 0.5342