YEARLY HIGH
34.5066 DOP
YEARLY LOW
31.7530 DOP
YEARLY AVERAGE
32.8837 DOP

2024 BGN to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 34.5066. Conversely, the yearly low was recorded on May 1, dropping to 31.7530.

This high-to-low spread represents a total annual volatility of 2.7535 DOP. From a start-to-finish perspective, comparing the January average rate of 32.6825 to the December average rate of 32.5018, the exchange rate registered a net change of -0.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 34.5066 was up 5.06% compared to the 2023 peak of 32.8459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 172,533 DOP
2023 Average 154,868 DOP
Yearly Trough Low 158,765 DOP
Transaction Impact: A difference of 13,767.75 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

34.2598
32.1491
JanuMarcMayJulySeptNove

BGN 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 32.5333, compared to 33.2342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7009 points.

H1 Avg (Jan–Jun) 32.5333
H2 Avg (Jul–Dec) 33.2342

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.6781 DOP (High: 33.7821 / Low: 32.1040). On the other end, January was the most stable month, with a tight range of 0.5241 DOP (High: 32.8876 / Low: 32.3635).

November Spread (Volatile) ±1.6781
January Spread (Stable) ±0.5241

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.8217 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 34.0839) against the same month in 2023 (average: 30.9821), the exchange rate shifted by +3.1018 (+10.01%).

2024 Avg (September) 34.0839
2023 Avg (September) 30.9821

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.8876 32.3635 32.6825
February 32.6914 32.0808 32.3929
March 33.0765 32.4740 32.7967
April 32.9030 31.9680 32.3966
May 32.8583 31.7530 32.3250
June 33.0849 32.2323 32.6059
July 33.0227 32.4443 32.8203
August 34.2342 32.7733 33.5948
September 34.5066 33.6862 34.0839
October 34.1984 33.2409 33.6129
November 33.7821 32.1040 32.7912
December 32.7896 32.2381 32.5018