YEARLY HIGH
0.0840 LYD
YEARLY LOW
0.0783 LYD
YEARLY AVERAGE
0.0813 LYD

2024 DOP to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.0840. Conversely, the yearly low was recorded on October 2, dropping to 0.0783.

This high-to-low spread represents a total annual volatility of 0.0057 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0820 to the December average rate of 0.0806, the exchange rate registered a net change of -1.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0840 was down 5.18% compared to the 2023 peak of 0.0886, 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 420 LYD
2023 Average 430 LYD
Yearly Trough Low 391 LYD
Transaction Impact: A difference of 28.41 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0833
0.0789
JanuMarcMayJulySeptNove

DOP to LYD 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 0.0822, compared to 0.0804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0822
H2 Avg (Jul–Dec) 0.0804

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0025 LYD (High: 0.0819 / Low: 0.0795). On the other end, December was the most stable month, with a tight range of 0.0006 LYD (High: 0.0810 / Low: 0.0803).

August Spread (Volatile) ±0.0025
December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0830) against the same month in 2023 (average: 0.0877), the exchange rate shifted by -0.0047 (-5.38%).

2024 Avg (May) 0.0830
2023 Avg (May) 0.0877

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0825 0.0817 0.0820
February 0.0830 0.0818 0.0824
March 0.0824 0.0812 0.0817
April 0.0833 0.0813 0.0821
May 0.0840 0.0819 0.0830
June 0.0825 0.0807 0.0819
July 0.0824 0.0814 0.0819
August 0.0819 0.0795 0.0803
September 0.0798 0.0784 0.0793
October 0.0800 0.0783 0.0795
November 0.0811 0.0796 0.0806
December 0.0810 0.0803 0.0806