YEARLY HIGH
0.1737 MAD
YEARLY LOW
0.1599 MAD
YEARLY AVERAGE
0.1672 MAD

2024 DOP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.1737. Conversely, the yearly low was recorded on August 24, dropping to 0.1599.

This high-to-low spread represents a total annual volatility of 0.0138 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1698 to the December average rate of 0.1650, the exchange rate registered a net change of -2.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1737 was down 8.63% compared to the 2023 peak of 0.1902, 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 869 MAD
2023 Average 904 MAD
Yearly Trough Low 800 MAD
Transaction Impact: A difference of 69.00 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1723
0.1612
JanuMarcMayJulySeptNove

DOP to MAD 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 0.1702, compared to 0.1643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.1702
H2 Avg (Jul–Dec) 0.1643

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0073 MAD (High: 0.1673 / Low: 0.1599). On the other end, December was the most stable month, with a tight range of 0.0017 MAD (High: 0.1659 / Low: 0.1641).

August Spread (Volatile) ±0.0073
December Spread (Stable) ±0.0017

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 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1709) against the same month in 2023 (average: 0.1853), the exchange rate shifted by -0.0145 (-7.81%).

2024 Avg (May) 0.1709
2023 Avg (May) 0.1853

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1713 0.1674 0.1698
February 0.1728 0.1702 0.1713
March 0.1717 0.1693 0.1704
April 0.1729 0.1686 0.1708
May 0.1737 0.1681 0.1709
June 0.1693 0.1663 0.1680
July 0.1689 0.1656 0.1667
August 0.1673 0.1599 0.1636
September 0.1643 0.1604 0.1621
October 0.1644 0.1611 0.1632
November 0.1669 0.1623 0.1650
December 0.1659 0.1641 0.1650