2024 DOP to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DOP to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DOP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 9.0435. Conversely, the yearly low was recorded on December 19, dropping to 8.2693.
This high-to-low spread represents a total annual volatility of 0.7741 CRC. From a start-to-finish perspective, comparing the January average rate of 8.8228 to the December average rate of 8.3343, the exchange rate registered a net change of -5.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 9.0435 was down 14.03% compared to the 2023 peak of 10.5188, 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 CRC 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 8.7324, compared to 8.6190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1134 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 0.3041 CRC (High: 8.9611 / Low: 8.6571). On the other end, November was the most stable month, with a tight range of 0.1076 CRC (High: 8.5241 / Low: 8.4164).
Growth Streaks & Declines
TrendsBetween April and July, 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 February and March, when the average rate fell by 0.1685 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 8.9028) against the same month in 2023 (average: 9.6804), the exchange rate shifted by -0.7776 (-8.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.9611 | 8.6571 | 8.8228 |
| February | 8.8461 | 8.7066 | 8.7864 |
| March | 8.7472 | 8.4891 | 8.6180 |
| April | 8.6903 | 8.4074 | 8.5314 |
| May | 8.8172 | 8.7052 | 8.7669 |
| June | 8.9413 | 8.7969 | 8.8689 |
| July | 9.0435 | 8.8254 | 8.9028 |
| August | 8.8899 | 8.6594 | 8.8026 |
| September | 8.7985 | 8.5885 | 8.6568 |
| October | 8.6248 | 8.4990 | 8.5572 |
| November | 8.5241 | 8.4164 | 8.4601 |
| December | 8.4128 | 8.2693 | 8.3343 |