YEARLY HIGH
0.0238 CAD
YEARLY LOW
0.0223 CAD
YEARLY AVERAGE
0.0231 CAD

2024 DOP to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0238. Conversely, the yearly low was recorded on September 24, dropping to 0.0223.

This high-to-low spread represents a total annual volatility of 0.0015 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0229 to the December average rate of 0.0235, the exchange rate registered a net change of 2.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0238 was down 6.72% compared to the 2023 peak of 0.0255, 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 119 CAD
2023 Average 121 CAD
Yearly Trough Low 111 CAD
Transaction Impact: A difference of 7.47 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0236
0.0225
JanuMarcMayJulySeptNove

DOP to CAD 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 0.0231, compared to 0.0230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0231
H2 Avg (Jul–Dec) 0.0230

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0010 CAD (High: 0.0235 / Low: 0.0225). On the other end, June was the most stable month, with a tight range of 0.0003 CAD (High: 0.0233 / Low: 0.0230).

August Spread (Volatile) ±0.0010
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0235) against the same month in 2023 (average: 0.0234), the exchange rate shifted by +0.0001 (+0.44%).

2024 Avg (December) 0.0235
2023 Avg (December) 0.0234

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0230 0.0227 0.0229
February 0.0232 0.0228 0.0230
March 0.0232 0.0228 0.0229
April 0.0235 0.0228 0.0232
May 0.0237 0.0230 0.0234
June 0.0233 0.0230 0.0231
July 0.0234 0.0230 0.0232
August 0.0235 0.0225 0.0229
September 0.0227 0.0223 0.0226
October 0.0231 0.0223 0.0228
November 0.0233 0.0229 0.0232
December 0.0238 0.0232 0.0235