2024 DOP to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DOP to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DOP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 148.2841. Conversely, the yearly low was recorded on December 31, dropping to 141.4545.
This high-to-low spread represents a total annual volatility of 6.8296 GNF. From a start-to-finish perspective, comparing the January average rate of 146.6826 to the December average rate of 142.2000, the exchange rate registered a net change of -3.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 148.2841 was down 6.90% compared to the 2023 peak of 159.2760, 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 GNF 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 146.0784, compared to 143.7409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3375 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 3.0291 GNF (High: 148.0924 / Low: 145.0633). On the other end, November was the most stable month, with a tight range of 0.6820 GNF (High: 143.3465 / Low: 142.6645).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.7518 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 146.6826) against the same month in 2023 (average: 153.1513), the exchange rate shifted by -6.4686 (-4.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 148.2841 | 145.6419 | 146.6826 |
| February | 147.0551 | 146.0560 | 146.5545 |
| March | 146.6452 | 144.8189 | 145.6294 |
| April | 146.9459 | 144.5524 | 145.4078 |
| May | 148.0924 | 145.0633 | 146.9738 |
| June | 145.8736 | 143.7491 | 145.2221 |
| July | 146.0902 | 145.0155 | 145.5444 |
| August | 146.2307 | 143.9305 | 144.5838 |
| September | 144.7592 | 142.8631 | 143.9918 |
| October | 143.5852 | 142.7626 | 143.1695 |
| November | 143.3465 | 142.6645 | 142.9559 |
| December | 142.7695 | 141.4545 | 142.2000 |