2024 DOP to JMD Historical Review

YEARLY HIGH

2.7023 JMD

YEARLY LOW

2.5563 JMD

YEARLY AVERAGE

2.6311 JMD

2024 DOP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 2.7023. Conversely, the yearly low was recorded on December 30, dropping to 2.5563.

This high-to-low spread represents a total annual volatility of 0.1460 JMD. From a start-to-finish perspective, comparing the January average rate of 2.6464 to the December average rate of 2.5772, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7023 was down 4.82% compared to the 2023 peak of 2.8392, 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 13,511 JMD

2023 Average 13,761 JMD

Yearly Trough Low 12,781 JMD

Transaction Impact: A difference of 730.13 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6825

2.5676

JanuMarcMayJulySeptNove

DOP to JMD 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 2.6425, compared to 2.6197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0228 points.

H1 Avg (Jan–Jun) 2.6425

H2 Avg (Jul–Dec) 2.6197

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0860 JMD (High: 2.6717 / Low: 2.5857). On the other end, July was the most stable month, with a tight range of 0.0236 JMD (High: 2.6563 / Low: 2.6328).

April Spread (Volatile) ±0.0860

July Spread (Stable) ±0.0236

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0492 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0492

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 2.6729) against the same month in 2023 (average: 2.8260), the exchange rate shifted by -0.1531 (-5.42%).

2024 Avg (May) 2.6729

2023 Avg (May) 2.8260

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6639	2.6314	2.6464
February	2.6811	2.6408	2.6642
March	2.6562	2.5912	2.6196
April	2.6717	2.5857	2.6249
May	2.7023	2.6255	2.6729
June	2.6439	2.5944	2.6273
July	2.6563	2.6328	2.6436
August	2.6527	2.6173	2.6288
September	2.6315	2.5996	2.6174
October	2.6368	2.6030	2.6251
November	2.6460	2.6093	2.6264
December	2.6082	2.5563	2.5772