YEARLY HIGH
7.4137 DOP
YEARLY LOW
6.9503 DOP
YEARLY AVERAGE
7.1510 DOP

2023 GTQ to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 7.4137. Conversely, the yearly low was recorded on May 6, dropping to 6.9503.

This high-to-low spread represents a total annual volatility of 0.4634 DOP. From a start-to-finish perspective, comparing the January average rate of 7.2105 to the December average rate of 7.3199, the exchange rate registered a net change of 1.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 7.4137 was down 1.33% compared to the 2022 peak of 7.5138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37,069 DOP
2022 Average 35,460 DOP
Yearly Trough Low 34,751 DOP
Transaction Impact: A difference of 2,317.21 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7.3530
6.9555
JanuMarcMayJulySeptNove

GTQ 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 7.0751, compared to 7.2269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1518 points.

H1 Avg (Jan–Jun) 7.0751
H2 Avg (Jul–Dec) 7.2269

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1629 DOP (High: 7.2815 / Low: 7.1186). On the other end, September was the most stable month, with a tight range of 0.0303 DOP (High: 7.2313 / Low: 7.2010).

February Spread (Volatile) ±0.1629
September Spread (Stable) ±0.0303

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1201 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.1201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 7.3199) against the same month in 2022 (average: 7.0329), the exchange rate shifted by +0.2869 (+4.08%).

2023 Avg (December) 7.3199
2022 Avg (December) 7.0329

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.2328 7.1675 7.2105
February 7.2815 7.1186 7.1727
March 7.1133 7.0217 7.0526
April 7.0506 6.9768 7.0214
May 7.0093 6.9503 6.9886
June 7.0544 6.9573 7.0046
July 7.1644 7.0321 7.1193
August 7.2332 7.1264 7.2074
September 7.2313 7.2010 7.2142
October 7.2667 7.2203 7.2454
November 7.3024 7.1779 7.2553
December 7.4137 7.2558 7.3199