2024 DOP to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DOP to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DOP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 725.8695. Conversely, the yearly low was recorded on December 31, dropping to 691.3995.
This high-to-low spread represents a total annual volatility of 34.4699 IRR. From a start-to-finish perspective, comparing the January average rate of 717.6040 to the December average rate of 695.0267, the exchange rate registered a net change of -3.15% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 725.8695 was down 7.15% compared to the 2023 peak of 781.7991, 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 IRR 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 714.8383, compared to 701.7010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.1373 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 13.5101 IRR (High: 725.8695 / Low: 712.3594). On the other end, July was the most stable month, with a tight range of 4.3410 IRR (High: 714.0998 / Low: 709.7587).
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 9.1027 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2024: 719.8713) against the same month in 2023 (average: 775.1846), the exchange rate shifted by -55.3133 (-7.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 725.6998 | 712.6750 | 717.6040 |
| February | 718.7271 | 713.3164 | 716.2027 |
| March | 717.9023 | 708.2561 | 712.4707 |
| April | 719.1479 | 707.9162 | 712.1126 |
| May | 725.8695 | 712.3594 | 719.8713 |
| June | 715.9324 | 703.2736 | 710.7686 |
| July | 714.0998 | 709.7587 | 711.8261 |
| August | 714.2743 | 702.1268 | 706.3202 |
| September | 705.6876 | 696.8142 | 701.6669 |
| October | 700.1553 | 695.5727 | 697.8425 |
| November | 700.3510 | 695.2627 | 697.5235 |
| December | 698.0211 | 691.3995 | 695.0267 |