2024 DOP to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DOP to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DOP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 279.7825. Conversely, the yearly low was recorded on September 28, dropping to 250.3078.
This high-to-low spread represents a total annual volatility of 29.4747 IDR. From a start-to-finish perspective, comparing the January average rate of 266.5795 to the December average rate of 264.7115, the exchange rate registered a net change of -0.70% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 279.7825 was down 1.65% compared to the 2023 peak of 284.4823, 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 IDR 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 270.5534, compared to 263.4226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.1307 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 16.9732 IDR (High: 274.4108 / Low: 257.4375). On the other end, February was the most stable month, with a tight range of 3.4356 IDR (High: 268.6281 / Low: 265.1924).
Growth Streaks & Declines
TrendsBetween March and June, 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 July and August, when the average rate fell by 10.3244 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 276.1648) against the same month in 2023 (average: 272.3840), the exchange rate shifted by +3.7809 (+1.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 269.0451 | 264.5117 | 266.5795 |
| February | 268.6281 | 265.1924 | 266.8498 |
| March | 268.8356 | 263.1762 | 266.3447 |
| April | 278.1541 | 268.2731 | 272.6312 |
| May | 278.2327 | 272.2584 | 274.7502 |
| June | 279.7825 | 272.5975 | 276.1648 |
| July | 277.5520 | 272.0307 | 274.7195 |
| August | 274.4108 | 257.4375 | 264.3951 |
| September | 260.7686 | 250.3078 | 255.5117 |
| October | 261.5709 | 252.8766 | 258.7003 |
| November | 264.6127 | 258.5360 | 262.4978 |
| December | 268.6011 | 261.5398 | 264.7115 |