2024 DOP to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DOP to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DOP to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 1544.8440. Conversely, the yearly low was recorded on January 30, dropping to 254.9161.
This high-to-low spread represents a total annual volatility of 1289.9279 LBP. From a start-to-finish perspective, comparing the January average rate of 256.5070 to the December average rate of 1474.9829, the exchange rate registered a net change of 475.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1544.8440 was up 450.36% compared to the 2023 peak of 280.6985, 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 LBP 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 1156.3306, compared to 1492.1570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 335.8264 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 1271.3870 LBP (High: 1526.3488 / Low: 254.9618). On the other end, January was the most stable month, with a tight range of 4.4912 LBP (High: 259.4073 / Low: 254.9161).
Growth Streaks & Declines
TrendsBetween January and March, 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 May and June, when the average rate fell by 19.4299 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2024: 1531.0646) against the same month in 2023 (average: 276.6392), the exchange rate shifted by +1254.4254 (+453.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 259.4073 | 254.9161 | 256.5070 |
| February | 1526.3488 | 254.9618 | 606.0732 |
| March | 1529.1738 | 1509.0592 | 1517.4813 |
| April | 1531.4330 | 1504.6776 | 1515.2227 |
| May | 1544.8440 | 1511.3924 | 1531.0646 |
| June | 1518.7720 | 1499.3398 | 1511.6347 |
| July | 1517.5780 | 1509.7792 | 1513.6084 |
| August | 1519.1369 | 1493.7448 | 1501.4181 |
| September | 1501.5168 | 1482.8300 | 1492.6834 |
| October | 1489.4762 | 1479.3186 | 1485.4806 |
| November | 1489.0535 | 1480.9484 | 1484.7689 |
| December | 1483.2779 | 1465.6045 | 1474.9829 |