YEARLY HIGH
0.3052 MDL
YEARLY LOW
0.2873 MDL
YEARLY AVERAGE
0.2984 MDL

2024 DOP to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.3052. Conversely, the yearly low was recorded on September 28, dropping to 0.2873.

This high-to-low spread represents a total annual volatility of 0.0179 MDL. From a start-to-finish perspective, comparing the January average rate of 0.3007 to the December average rate of 0.3018, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3052 was down 10.82% compared to the 2023 peak of 0.3422, 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 1,526 MDL
2023 Average 1,617 MDL
Yearly Trough Low 1,436 MDL
Transaction Impact: A difference of 89.53 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3046
0.2882
JanuMarcMayJulySeptNove

DOP to MDL 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 0.3007, compared to 0.2960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.3007
H2 Avg (Jul–Dec) 0.2960

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0108 MDL (High: 0.2997 / Low: 0.2890). On the other end, December was the most stable month, with a tight range of 0.0031 MDL (High: 0.3032 / Low: 0.3001).

August Spread (Volatile) ±0.0108
December Spread (Stable) ±0.0031

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 0.0060 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.3033) against the same month in 2023 (average: 0.3341), the exchange rate shifted by -0.0309 (-9.24%).

2024 Avg (February) 0.3033
2023 Avg (February) 0.3341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3032 0.2980 0.3007
February 0.3052 0.3006 0.3033
March 0.3024 0.2967 0.2992
April 0.3033 0.2966 0.3000
May 0.3050 0.2972 0.3020
June 0.3031 0.2948 0.2991
July 0.3015 0.2968 0.2993
August 0.2997 0.2890 0.2934
September 0.2914 0.2873 0.2896
October 0.2981 0.2875 0.2931
November 0.3031 0.2939 0.2990
December 0.3032 0.3001 0.3018