YEARLY HIGH
0.0122 JOD
YEARLY LOW
0.0116 JOD
YEARLY AVERAGE
0.0119 JOD

2024 DOP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0122. Conversely, the yearly low was recorded on December 31, dropping to 0.0116.

This high-to-low spread represents a total annual volatility of 0.0006 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0121 to the December average rate of 0.0117, the exchange rate registered a net change of -3.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0122 was down 6.81% compared to the 2023 peak of 0.0131, 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 61 JOD
2023 Average 63 JOD
Yearly Trough Low 58 JOD
Transaction Impact: A difference of 3.18 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0122
0.0116
JanuMarcMayJulySeptNove

DOP to JOD 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 0.0120, compared to 0.0118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0120
H2 Avg (Jul–Dec) 0.0118

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0003 JOD (High: 0.0122 / Low: 0.0120). On the other end, October was the most stable month, with a tight range of 0.0001 JOD (High: 0.0118 / Low: 0.0117).

May Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0121) against the same month in 2023 (average: 0.0125), the exchange rate shifted by -0.0004 (-3.43%).

2024 Avg (January) 0.0121
2023 Avg (January) 0.0125

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0122 0.0120 0.0121
February 0.0121 0.0120 0.0121
March 0.0121 0.0119 0.0120
April 0.0121 0.0119 0.0120
May 0.0122 0.0120 0.0121
June 0.0120 0.0118 0.0120
July 0.0120 0.0119 0.0120
August 0.0120 0.0118 0.0119
September 0.0119 0.0117 0.0118
October 0.0118 0.0117 0.0117
November 0.0118 0.0117 0.0118
December 0.0118 0.0116 0.0117