2024 DOP to AED Historical Review

YEARLY HIGH

0.0634 AED

YEARLY LOW

0.0601 AED

YEARLY AVERAGE

0.0618 AED

2024 DOP to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0634. Conversely, the yearly low was recorded on December 31, dropping to 0.0601.

This high-to-low spread represents a total annual volatility of 0.0033 AED. From a start-to-finish perspective, comparing the January average rate of 0.0627 to the December average rate of 0.0605, the exchange rate registered a net change of -3.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0634 was down 6.74% compared to the 2023 peak of 0.0680, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 317 AED

2023 Average 328 AED

Yearly Trough Low 301 AED

Transaction Impact: A difference of 16.38 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0630

0.0603

JanuMarcMayJulySeptNove

DOP to AED 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 0.0624, compared to 0.0612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0624

H2 Avg (Jul–Dec) 0.0612

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0014 AED (High: 0.0634 / Low: 0.0620). On the other end, October was the most stable month, with a tight range of 0.0004 AED (High: 0.0610 / Low: 0.0607).

May Spread (Volatile) ±0.0014

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0628) against the same month in 2023 (average: 0.0673), the exchange rate shifted by -0.0045 (-6.72%).

2024 Avg (May) 0.0628

2023 Avg (May) 0.0673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0634	0.0623	0.0627
February	0.0628	0.0623	0.0626
March	0.0627	0.0619	0.0622
April	0.0628	0.0618	0.0622
May	0.0634	0.0620	0.0628
June	0.0624	0.0614	0.0620
July	0.0623	0.0619	0.0621
August	0.0623	0.0613	0.0616
September	0.0616	0.0608	0.0612
October	0.0610	0.0607	0.0609
November	0.0611	0.0607	0.0609
December	0.0609	0.0601	0.0605