2024 DOP to ETB Historical Review

YEARLY HIGH

2.1021 ETB

YEARLY LOW

0.9533 ETB

YEARLY AVERAGE

1.3793 ETB

2024 DOP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 2.1021. Conversely, the yearly low was recorded on January 29, dropping to 0.9533.

This high-to-low spread represents a total annual volatility of 1.1488 ETB. From a start-to-finish perspective, comparing the January average rate of 0.9629 to the December average rate of 2.0866, the exchange rate registered a net change of 116.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1021 was up 110.26% compared to the 2023 peak of 0.9997, 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 10,510 ETB

2023 Average 4,889 ETB

Yearly Trough Low 4,767 ETB

Transaction Impact: A difference of 5,743.83 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1991

0.8489

JanuMarcMayJulySeptNove

DOP to ETB 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 0.9672, compared to 1.7914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8242 points.

H1 Avg (Jan–Jun) 0.9672

H2 Avg (Jul–Dec) 1.7914

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.5628 ETB (High: 1.8894 / Low: 1.3266). On the other end, March was the most stable month, with a tight range of 0.0131 ETB (High: 0.9676 / Low: 0.9545).

August Spread (Volatile) ±0.5628

March Spread (Stable) ±0.0131

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0100 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.0866) against the same month in 2023 (average: 0.9796), the exchange rate shifted by +1.1070 (+113.00%).

2024 Avg (December) 2.0866

2023 Avg (December) 0.9796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9710	0.9533	0.9629
February	0.9692	0.9551	0.9647
March	0.9676	0.9545	0.9614
April	0.9799	0.9549	0.9631
May	0.9880	0.9679	0.9805
June	0.9776	0.9538	0.9705
July	1.2714	0.9683	0.9848
August	1.8894	1.3266	1.7261
September	1.9930	1.8495	1.9241
October	2.0245	1.9589	1.9952
November	2.0948	1.9946	2.0317
December	2.1021	2.0471	2.0866