YEARLY HIGH
21.5007 DOP
YEARLY LOW
19.9967 DOP
YEARLY AVERAGE
20.7178 DOP

2023 XCD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 21.5007. Conversely, the yearly low was recorded on March 18, dropping to 19.9967.

This high-to-low spread represents a total annual volatility of 1.5041 DOP. From a start-to-finish perspective, comparing the January average rate of 20.9392 to the December average rate of 21.2136, 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 21.5007 was up 0.44% compared to the 2022 peak of 21.4057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107,504 DOP
2022 Average 101,678 DOP
Yearly Trough Low 99,983 DOP
Transaction Impact: A difference of 7,520.32 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.3172
20.0741
JanuMarcMayJulySeptNove

XCD 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 20.4635, compared to 20.9720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5085 points.

H1 Avg (Jan–Jun) 20.4635
H2 Avg (Jul–Dec) 20.9720

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.5803 DOP (High: 21.1491 / Low: 20.5688). On the other end, October was the most stable month, with a tight range of 0.1470 DOP (High: 21.0727 / Low: 20.9257).

February Spread (Volatile) ±0.5803
October Spread (Stable) ±0.1470

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 0.4552 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4552

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 21.2136) against the same month in 2022 (average: 20.4791), the exchange rate shifted by +0.7345 (+3.59%).

2023 Avg (December) 21.2136
2022 Avg (December) 20.4791

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.0207 20.8154 20.9392
February 21.1491 20.5688 20.7874
March 20.5620 19.9967 20.3322
April 20.3306 20.0025 20.2399
May 20.2803 20.1291 20.1777
June 20.4807 20.1606 20.3045
July 20.7975 20.3548 20.6483
August 21.0785 20.7385 20.9529
September 21.0863 20.9252 21.0006
October 21.0727 20.9257 21.0168
November 21.1559 20.8329 20.9999
December 21.5007 21.0324 21.2136