YEARLY HIGH
0.0173 BMD
YEARLY LOW
0.0164 BMD
YEARLY AVERAGE
0.0168 BMD

2024 DOP to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0173. Conversely, the yearly low was recorded on December 31, dropping to 0.0164.

This high-to-low spread represents a total annual volatility of 0.0009 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0171 to the December average rate of 0.0165, the exchange rate registered a net change of -3.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0173 was down 6.74% compared to the 2023 peak of 0.0185, 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 86 BMD
2023 Average 89 BMD
Yearly Trough Low 82 BMD
Transaction Impact: A difference of 4.46 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0172
0.0164
JanuMarcMayJulySeptNove

DOP to BMD 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 0.0170, compared to 0.0167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0170
H2 Avg (Jul–Dec) 0.0167

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0004 BMD (High: 0.0173 / Low: 0.0169). On the other end, October was the most stable month, with a tight range of 0.0001 BMD (High: 0.0166 / Low: 0.0165).

May Spread (Volatile) ±0.0004
October Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0171) against the same month in 2023 (average: 0.0183), the exchange rate shifted by -0.0012 (-6.73%).

2024 Avg (May) 0.0171
2023 Avg (May) 0.0183

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0173 0.0169 0.0171
February 0.0171 0.0170 0.0170
March 0.0171 0.0168 0.0169
April 0.0171 0.0168 0.0169
May 0.0173 0.0169 0.0171
June 0.0170 0.0167 0.0169
July 0.0170 0.0169 0.0169
August 0.0170 0.0167 0.0168
September 0.0168 0.0165 0.0167
October 0.0166 0.0165 0.0166
November 0.0166 0.0165 0.0166
December 0.0166 0.0164 0.0165