YEARLY HIGH
0.1197 DKK
YEARLY LOW
0.1105 DKK
YEARLY AVERAGE
0.1160 DKK

2024 DOP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.1197. Conversely, the yearly low was recorded on September 28, dropping to 0.1105.

This high-to-low spread represents a total annual volatility of 0.0092 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1167 to the December average rate of 0.1174, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1197 was down 7.31% compared to the 2023 peak of 0.1292, 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 599 DKK
2023 Average 615 DKK
Yearly Trough Low 553 DKK
Transaction Impact: A difference of 45.95 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1186
0.1113
JanuMarcMayJulySeptNove

DOP to DKK 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 0.1172, compared to 0.1148 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) 0.1172
H2 Avg (Jul–Dec) 0.1148

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0060 DKK (High: 0.1188 / Low: 0.1128). On the other end, January was the most stable month, with a tight range of 0.0019 DKK (High: 0.1178 / Low: 0.1158).

November Spread (Volatile) ±0.0060
January Spread (Stable) ±0.0019

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 0.0026 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1180) against the same month in 2023 (average: 0.1258), the exchange rate shifted by -0.0078 (-6.16%).

2024 Avg (May) 0.1180
2023 Avg (May) 0.1258

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1178 0.1158 0.1167
February 0.1188 0.1166 0.1177
March 0.1174 0.1152 0.1163
April 0.1195 0.1159 0.1178
May 0.1197 0.1160 0.1180
June 0.1184 0.1154 0.1170
July 0.1175 0.1156 0.1162
August 0.1164 0.1114 0.1136
September 0.1132 0.1105 0.1119
October 0.1147 0.1116 0.1135
November 0.1188 0.1128 0.1163
December 0.1185 0.1164 0.1174