2024 DOP to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DOP to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DOP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 48.7718. Conversely, the yearly low was recorded on January 20, dropping to 45.2650.
This high-to-low spread represents a total annual volatility of 3.5068 CDF. From a start-to-finish perspective, comparing the January average rate of 46.4505 to the December average rate of 47.0262, the exchange rate registered a net change of 1.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 48.7718 was up 0.21% compared to the 2023 peak of 48.6712, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
DOP to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 47.2133, compared to 47.5170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3037 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 1.8067 CDF (High: 47.0717 / Low: 45.2650). On the other end, September was the most stable month, with a tight range of 0.4179 CDF (High: 47.7337 / Low: 47.3159).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3785 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 47.7991) against the same month in 2023 (average: 43.7297), the exchange rate shifted by +4.0694 (+9.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 47.0717 | 45.2650 | 46.4505 |
| February | 47.1599 | 46.5310 | 46.9573 |
| March | 47.2427 | 46.7565 | 47.0146 |
| April | 47.7477 | 46.7610 | 47.2489 |
| May | 48.2216 | 47.3778 | 47.8115 |
| June | 48.2963 | 47.1827 | 47.7967 |
| July | 48.5889 | 47.7006 | 48.0787 |
| August | 48.7718 | 47.1375 | 47.7991 |
| September | 47.7337 | 47.3159 | 47.4657 |
| October | 47.7221 | 47.0802 | 47.3273 |
| November | 47.6686 | 47.0558 | 47.4047 |
| December | 47.4634 | 46.7038 | 47.0262 |