YEARLY HIGH
0.1192 BOB
YEARLY LOW
0.1131 BOB
YEARLY AVERAGE
0.1163 BOB

2024 DOP to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1192. Conversely, the yearly low was recorded on December 31, dropping to 0.1131.

This high-to-low spread represents a total annual volatility of 0.0061 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1179 to the December average rate of 0.1139, the exchange rate registered a net change of -3.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1192 was down 6.76% compared to the 2023 peak of 0.1278, 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 596 BOB
2023 Average 617 BOB
Yearly Trough Low 565 BOB
Transaction Impact: A difference of 30.41 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1186
0.1134
JanuMarcMayJulySeptNove

DOP to BOB 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 0.1175, compared to 0.1152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1175
H2 Avg (Jul–Dec) 0.1152

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0024 BOB (High: 0.1192 / Low: 0.1168). On the other end, July was the most stable month, with a tight range of 0.0008 BOB (High: 0.1172 / Low: 0.1164).

May Spread (Volatile) ±0.0024
July Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1182) against the same month in 2023 (average: 0.1267), the exchange rate shifted by -0.0085 (-6.70%).

2024 Avg (May) 0.1182
2023 Avg (May) 0.1267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1192 0.1171 0.1179
February 0.1183 0.1172 0.1178
March 0.1178 0.1164 0.1171
April 0.1184 0.1164 0.1171
May 0.1192 0.1168 0.1182
June 0.1172 0.1153 0.1166
July 0.1172 0.1164 0.1168
August 0.1172 0.1154 0.1159
September 0.1159 0.1143 0.1152
October 0.1151 0.1141 0.1147
November 0.1152 0.1143 0.1147
December 0.1144 0.1131 0.1139