A digital-to-analog converter (DAC) configured to operate in high frequency and/or high resolution environments. The DAC has a segmented architecture comprising one or more least significant bit (LSB) thermometer sub-converters and one or more most significant bit (MSB) thermometer sub-converters. A binary converter can also be added. The LSB and MSB thermometer sub-converters include cell pairs with a main cell and a dummy cell. The main cell switches according to actual data, drawing power from a voltage source at each transition. To maintain a consistent voltage level at the output, the dummy cell creates a transition to draw power from the voltage source responsive to a lack of transition in the main cell. Each cell pair has a dedicated voltage source. Also, the MSB thermometer sub-converter can include a load matching circuit to match the parasitic capacitance of the LSB thermometer sub-converter at an output.