YEARLY HIGH
3.6212 GYD
YEARLY LOW
3.4223 GYD
YEARLY AVERAGE
3.5207 GYD

2024 DOP to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 3.6212. Conversely, the yearly low was recorded on December 31, dropping to 3.4223.

This high-to-low spread represents a total annual volatility of 0.1989 GYD. From a start-to-finish perspective, comparing the January average rate of 3.5715 to the December average rate of 3.4455, the exchange rate registered a net change of -3.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.6212 was down 7.44% compared to the 2023 peak of 3.9122, 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 18,106 GYD
2023 Average 18,772 GYD
Yearly Trough Low 17,111 GYD
Transaction Impact: A difference of 994.58 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.5912
3.4322
JanuMarcMayJulySeptNove

DOP to GYD 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 3.5560, compared to 3.4853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0706 points.

H1 Avg (Jan–Jun) 3.5560
H2 Avg (Jul–Dec) 3.4853

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0978 GYD (High: 3.6212 / Low: 3.5234). On the other end, November was the most stable month, with a tight range of 0.0188 GYD (High: 3.4779 / Low: 3.4591).

March Spread (Volatile) ±0.0978
November Spread (Stable) ±0.0188

Growth Streaks & Declines

Trends

No 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 0.0468 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 3.5478) against the same month in 2023 (average: 3.8344), the exchange rate shifted by -0.2866 (-7.48%).

2024 Avg (March) 3.5478
2023 Avg (March) 3.8344

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.6102 3.5469 3.5715
February 3.5820 3.5497 3.5657
March 3.6212 3.5234 3.5478
April 3.5782 3.5160 3.5418
May 3.6068 3.5315 3.5779
June 3.5468 3.4943 3.5311
July 3.5477 3.5257 3.5359
August 3.5469 3.4925 3.5071
September 3.5085 3.4614 3.4869
October 3.4794 3.4537 3.4695
November 3.4779 3.4591 3.4671
December 3.4639 3.4223 3.4455