YEARLY HIGH
0.0231 DOP
YEARLY LOW
0.0215 DOP
YEARLY AVERAGE
0.0223 DOP

2023 SYP to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0231. Conversely, the yearly low was recorded on March 18, dropping to 0.0215.

This high-to-low spread represents a total annual volatility of 0.0016 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0225 to the December average rate of 0.0228, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0231 was up 0.42% compared to the 2022 peak of 0.0230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116 DOP
2022 Average 109 DOP
Yearly Trough Low 108 DOP
Transaction Impact: A difference of 8.09 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0229
0.0216
JanuMarcMayJulySeptNove

SYP 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 0.0220, compared to 0.0226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0220
H2 Avg (Jul–Dec) 0.0226

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0006 DOP (High: 0.0227 / Low: 0.0221). On the other end, October was the most stable month, with a tight range of 0.0002 DOP (High: 0.0227 / Low: 0.0225).

February Spread (Volatile) ±0.0006
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0228) against the same month in 2022 (average: 0.0220), the exchange rate shifted by +0.0008 (+3.59%).

2023 Avg (December) 0.0228
2022 Avg (December) 0.0220

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0226 0.0224 0.0225
February 0.0227 0.0221 0.0224
March 0.0221 0.0215 0.0219
April 0.0219 0.0215 0.0218
May 0.0218 0.0217 0.0217
June 0.0220 0.0217 0.0218
July 0.0224 0.0219 0.0222
August 0.0227 0.0223 0.0225
September 0.0227 0.0225 0.0226
October 0.0227 0.0225 0.0226
November 0.0228 0.0224 0.0226
December 0.0231 0.0226 0.0228