2024 DOP to CNY Historical Review

YEARLY HIGH

0.1249 CNY

YEARLY LOW

0.1160 CNY

YEARLY AVERAGE

0.1208 CNY

2024 DOP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1249. Conversely, the yearly low was recorded on September 28, dropping to 0.1160.

This high-to-low spread represents a total annual volatility of 0.0089 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1213 to the December average rate of 0.1200, the exchange rate registered a net change of -1.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1249 was down 5.27% compared to the 2023 peak of 0.1318, 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 624 CNY

2023 Average 632 CNY

Yearly Trough Low 580 CNY

Transaction Impact: A difference of 44.27 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1232

0.1170

JanuMarcMayJulySeptNove

DOP to CNY 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 0.1220, compared to 0.1196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1220

H2 Avg (Jul–Dec) 0.1196

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0049 CNY (High: 0.1249 / Low: 0.1199). On the other end, December was the most stable month, with a tight range of 0.0009 CNY (High: 0.1204 / Low: 0.1194).

May Spread (Volatile) ±0.0049

December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 0.0028 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1226) against the same month in 2023 (average: 0.1282), the exchange rate shifted by -0.0056 (-4.35%).

2024 Avg (May) 0.1226

2023 Avg (May) 0.1282

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1227	0.1203	0.1213
February	0.1229	0.1208	0.1219
March	0.1229	0.1205	0.1220
April	0.1238	0.1198	0.1223
May	0.1249	0.1199	0.1226
June	0.1233	0.1187	0.1218
July	0.1232	0.1208	0.1227
August	0.1219	0.1187	0.1199
September	0.1194	0.1160	0.1179
October	0.1183	0.1162	0.1175
November	0.1202	0.1175	0.1194
December	0.1204	0.1194	0.1200