2024 DOP to CVE Historical Review

YEARLY HIGH

1.7882 CVE

YEARLY LOW

1.6383 CVE

YEARLY AVERAGE

1.7165 CVE

2024 DOP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 1.7882. Conversely, the yearly low was recorded on September 30, dropping to 1.6383.

This high-to-low spread represents a total annual volatility of 0.1500 CVE. From a start-to-finish perspective, comparing the January average rate of 1.7260 to the December average rate of 1.7339, the exchange rate registered a net change of 0.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.7882 was down 6.68% compared to the 2023 peak of 1.9163, 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 8,941 CVE

2023 Average 9,119 CVE

Yearly Trough Low 8,191 CVE

Transaction Impact: A difference of 749.78 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.7565

1.6471

JanuMarcMayJulySeptNove

DOP to CVE 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 1.7344, compared to 1.6985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0359 points.

H1 Avg (Jan–Jun) 1.7344

H2 Avg (Jul–Dec) 1.6985

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0839 CVE (High: 1.7397 / Low: 1.6558). On the other end, January was the most stable month, with a tight range of 0.0242 CVE (High: 1.7407 / Low: 1.7165).

August Spread (Volatile) ±0.0839

January Spread (Stable) ±0.0242

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 July and August, when the average rate fell by 0.0361 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0361

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1.7474) against the same month in 2023 (average: 1.8643), the exchange rate shifted by -0.1169 (-6.27%).

2024 Avg (May) 1.7474

2023 Avg (May) 1.8643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7407	1.7165	1.7260
February	1.7620	1.7309	1.7424
March	1.7419	1.7043	1.7210
April	1.7630	1.7136	1.7388
May	1.7882	1.7199	1.7474
June	1.7531	1.7060	1.7310
July	1.7436	1.7050	1.7194
August	1.7397	1.6558	1.6833
September	1.6772	1.6383	1.6562
October	1.6966	1.6455	1.6790
November	1.7568	1.6740	1.7195
December	1.7475	1.7194	1.7339