2023 SGD to DOP Historical Review

YEARLY HIGH

44.0362 DOP

YEARLY LOW

40.2848 DOP

YEARLY AVERAGE

41.6977 DOP

2023 SGD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 44.0362. Conversely, the yearly low was recorded on March 18, dropping to 40.2848.

This high-to-low spread represents a total annual volatility of 3.7514 DOP. From a start-to-finish perspective, comparing the January average rate of 42.7233 to the December average rate of 43.0642, the exchange rate registered a net change of 0.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 44.0362 was up 2.45% compared to the 2022 peak of 42.9818, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 220,181 DOP

2022 Average 199,444 DOP

Yearly Trough Low 201,424 DOP

Transaction Impact: A difference of 18,757.00 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

43.3008

40.4610

JanuMarcMayJulySeptNove

SGD 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 41.3953, compared to 42.0001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6047 points.

H1 Avg (Jan–Jun) 41.3953

H2 Avg (Jul–Dec) 42.0001

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.1468 DOP (High: 43.3724 / Low: 41.2256). On the other end, October was the most stable month, with a tight range of 0.4128 DOP (High: 41.7226 / Low: 41.3099).

February Spread (Volatile) ±2.1468

October Spread (Stable) ±0.4128

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 1.1665 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1665

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 43.0642) against the same month in 2022 (average: 40.9319), the exchange rate shifted by +2.1323 (+5.21%).

2023 Avg (December) 43.0642

2022 Avg (December) 40.9319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	43.2769	41.8201	42.7233
February	43.3724	41.2256	42.1464
March	41.3851	40.2848	40.9799
April	41.4851	40.4861	41.0667
May	41.1757	40.3218	40.6976
June	41.0656	40.3443	40.7582
July	42.3511	40.6675	41.8032
August	42.1800	41.6350	41.9140
September	42.0372	41.3567	41.6292
October	41.7226	41.3099	41.4924
November	42.6707	41.5573	42.0976
December	44.0362	42.3849	43.0642