YEARLY HIGH
0.0209 DOP
YEARLY LOW
0.0202 DOP
YEARLY AVERAGE
0.0206 DOP

2024 BIF to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0209. Conversely, the yearly low was recorded on May 8, dropping to 0.0202.

This high-to-low spread represents a total annual volatility of 0.0007 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0205 to the December average rate of 0.0206, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0209 was down 24.17% compared to the 2023 peak of 0.0276, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105 DOP
2023 Average 112 DOP
Yearly Trough Low 101 DOP
Transaction Impact: A difference of 3.53 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0208
0.0203
JanuMarcMayJulySeptNove

BIF 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 0.0205, compared to 0.0207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0205
H2 Avg (Jul–Dec) 0.0207

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0005 DOP (High: 0.0209 / Low: 0.0204). On the other end, July was the most stable month, with a tight range of 0.0001 DOP (High: 0.0206 / Low: 0.0205).

October Spread (Volatile) ±0.0005
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0206) against the same month in 2023 (average: 0.0201), the exchange rate shifted by +0.0005 (+2.39%).

2024 Avg (December) 0.0206
2023 Avg (December) 0.0201

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0207 0.0203 0.0205
February 0.0206 0.0204 0.0205
March 0.0207 0.0205 0.0206
April 0.0207 0.0204 0.0206
May 0.0206 0.0202 0.0204
June 0.0207 0.0205 0.0206
July 0.0206 0.0205 0.0205
August 0.0208 0.0205 0.0207
September 0.0209 0.0206 0.0207
October 0.0209 0.0204 0.0208
November 0.0209 0.0204 0.0207
December 0.0209 0.0205 0.0206