2024 DOP to KES Historical Review

YEARLY HIGH

2.7822 KES

YEARLY LOW

2.1171 KES

YEARLY AVERAGE

2.2688 KES

2024 DOP to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.7822. Conversely, the yearly low was recorded on December 31, dropping to 2.1171.

This high-to-low spread represents a total annual volatility of 0.6651 KES. From a start-to-finish perspective, comparing the January average rate of 2.7266 to the December average rate of 2.1307, the exchange rate registered a net change of -21.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7822 was up 2.45% compared to the 2023 peak of 2.7156, 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 13,911 KES

2023 Average 12,490 KES

Yearly Trough Low 10,585 KES

Transaction Impact: A difference of 3,325.50 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7862

2.0711

JanuMarcMayJulySeptNove

DOP to KES 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 2.3861, compared to 2.1515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2346 points.

H1 Avg (Jan–Jun) 2.3861

H2 Avg (Jul–Dec) 2.1515

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.3486 KES (High: 2.7822 / Low: 2.4336). On the other end, October was the most stable month, with a tight range of 0.0148 KES (High: 2.1457 / Low: 2.1309).

February Spread (Volatile) ±0.3486

October Spread (Stable) ±0.0148

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 February and March, when the average rate fell by 0.2677 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2677

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.5987) against the same month in 2023 (average: 2.2366), the exchange rate shifted by +0.3621 (+16.19%).

2024 Avg (February) 2.5987

2023 Avg (February) 2.2366

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7807	2.6810	2.7266
February	2.7822	2.4336	2.5987
March	2.5043	2.2288	2.3310
April	2.2900	2.1519	2.2226
May	2.3254	2.1878	2.2499
June	2.2078	2.1616	2.1878
July	2.2232	2.1549	2.1817
August	2.2053	2.1518	2.1671
September	2.1632	2.1349	2.1489
October	2.1457	2.1309	2.1387
November	2.1496	2.1331	2.1419
December	2.1478	2.1171	2.1307