YEARLY HIGH
0.2668 MVR
YEARLY LOW
0.2490 MVR
YEARLY AVERAGE
0.2592 MVR

2024 DOP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.2668. Conversely, the yearly low was recorded on May 2, dropping to 0.2490.

This high-to-low spread represents a total annual volatility of 0.0178 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2628 to the December average rate of 0.2539, the exchange rate registered a net change of -3.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2668 was down 6.38% compared to the 2023 peak of 0.2850, 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 1,334 MVR
2023 Average 1,373 MVR
Yearly Trough Low 1,245 MVR
Transaction Impact: A difference of 89.00 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2648
0.2529
JanuMarcMayJulySeptNove

DOP to MVR 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 0.2620, compared to 0.2564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.2620
H2 Avg (Jul–Dec) 0.2564

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0178 MVR (High: 0.2668 / Low: 0.2490). On the other end, October was the most stable month, with a tight range of 0.0015 MVR (High: 0.2552 / Low: 0.2538).

May Spread (Volatile) ±0.0178
October Spread (Stable) ±0.0015

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 May and June, when the average rate fell by 0.0040 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.2638) against the same month in 2023 (average: 0.2814), the exchange rate shifted by -0.0176 (-6.26%).

2024 Avg (May) 0.2638
2023 Avg (May) 0.2814

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2656 0.2610 0.2628
February 0.2631 0.2612 0.2623
March 0.2633 0.2597 0.2616
April 0.2642 0.2599 0.2616
May 0.2668 0.2490 0.2638
June 0.2615 0.2573 0.2598
July 0.2623 0.2588 0.2603
August 0.2606 0.2566 0.2580
September 0.2574 0.2542 0.2559
October 0.2552 0.2538 0.2545
November 0.2567 0.2542 0.2558
December 0.2564 0.2520 0.2539