YEARLY HIGH
0.1348 HKD
YEARLY LOW
0.1271 HKD
YEARLY AVERAGE
0.1313 HKD

2024 DOP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1348. Conversely, the yearly low was recorded on December 31, dropping to 0.1271.

This high-to-low spread represents a total annual volatility of 0.0077 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1334 to the December average rate of 0.1281, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1348 was down 7.19% compared to the 2023 peak of 0.1453, 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 674 HKD
2023 Average 699 HKD
Yearly Trough Low 636 HKD
Transaction Impact: A difference of 38.51 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1341
0.1275
JanuMarcMayJulySeptNove

DOP to HKD 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 0.1329, compared to 0.1297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1329
H2 Avg (Jul–Dec) 0.1297

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0029 HKD (High: 0.1348 / Low: 0.1320). On the other end, July was the most stable month, with a tight range of 0.0008 HKD (High: 0.1325 / Low: 0.1317).

May Spread (Volatile) ±0.0029
July Spread (Stable) ±0.0008

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 0.0018 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1336) against the same month in 2023 (average: 0.1437), the exchange rate shifted by -0.0101 (-7.04%).

2024 Avg (May) 0.1336
2023 Avg (May) 0.1437

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1347 0.1324 0.1334
February 0.1337 0.1327 0.1333
March 0.1337 0.1318 0.1326
April 0.1338 0.1318 0.1325
May 0.1348 0.1320 0.1336
June 0.1325 0.1305 0.1318
July 0.1325 0.1317 0.1320
August 0.1325 0.1300 0.1308
September 0.1307 0.1286 0.1298
October 0.1291 0.1283 0.1288
November 0.1294 0.1284 0.1289
December 0.1291 0.1271 0.1281