YEARLY HIGH
0.3429 MXN
YEARLY LOW
0.2765 MXN
YEARLY AVERAGE
0.3080 MXN

2024 DOP to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.3429. Conversely, the yearly low was recorded on April 9, dropping to 0.2765.

This high-to-low spread represents a total annual volatility of 0.0665 MXN. From a start-to-finish perspective, comparing the January average rate of 0.2911 to the December average rate of 0.3337, the exchange rate registered a net change of 14.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3429 was down 2.01% compared to the 2023 peak of 0.3500, 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 1,715 MXN
2023 Average 1,584 MXN
Yearly Trough Low 1,382 MXN
Transaction Impact: A difference of 332.42 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3420
0.2789
JanuMarcMayJulySeptNove

DOP to MXN 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 0.2909, compared to 0.3251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0342 points.

H1 Avg (Jan–Jun) 0.2909
H2 Avg (Jul–Dec) 0.3251

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0286 MXN (High: 0.3155 / Low: 0.2870). On the other end, February was the most stable month, with a tight range of 0.0032 MXN (High: 0.2935 / Low: 0.2902).

June Spread (Volatile) ±0.0286
February Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0070 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.3368) against the same month in 2023 (average: 0.3062), the exchange rate shifted by +0.0306 (+9.99%).

2024 Avg (November) 0.3368
2023 Avg (November) 0.3062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2942 0.2872 0.2911
February 0.2935 0.2902 0.2912
March 0.2905 0.2796 0.2842
April 0.2931 0.2765 0.2846
May 0.2930 0.2827 0.2873
June 0.3155 0.2870 0.3070
July 0.3165 0.2986 0.3061
August 0.3325 0.3117 0.3214
September 0.3354 0.3185 0.3266
October 0.3342 0.3191 0.3261
November 0.3429 0.3288 0.3368
December 0.3415 0.3298 0.3337