YEARLY HIGH
0.0394 FJD
YEARLY LOW
0.0361 FJD
YEARLY AVERAGE
0.0379 FJD

2024 DOP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0394. Conversely, the yearly low was recorded on September 28, dropping to 0.0361.

This high-to-low spread represents a total annual volatility of 0.0032 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0381 to the December average rate of 0.0380, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0394 was down 4.69% compared to the 2023 peak of 0.0413, 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 197 FJD
2023 Average 199 FJD
Yearly Trough Low 181 FJD
Transaction Impact: A difference of 16.12 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0388
0.0366
JanuMarcMayJulySeptNove

DOP to FJD 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 0.0382, compared to 0.0375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0382
H2 Avg (Jul–Dec) 0.0375

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0016 FJD (High: 0.0378 / Low: 0.0363). On the other end, July was the most stable month, with a tight range of 0.0008 FJD (High: 0.0384 / Low: 0.0376).

October Spread (Volatile) ±0.0016
July Spread (Stable) ±0.0008

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 May and June, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0386) against the same month in 2023 (average: 0.0408), the exchange rate shifted by -0.0022 (-5.42%).

2024 Avg (May) 0.0386
2023 Avg (May) 0.0408

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0385 0.0377 0.0381
February 0.0388 0.0380 0.0383
March 0.0386 0.0377 0.0382
April 0.0391 0.0378 0.0384
May 0.0394 0.0378 0.0386
June 0.0383 0.0374 0.0379
July 0.0384 0.0376 0.0379
August 0.0383 0.0368 0.0374
September 0.0376 0.0361 0.0368
October 0.0378 0.0363 0.0370
November 0.0381 0.0370 0.0376
December 0.0383 0.0375 0.0380