2024 DOP to NOK Historical Review

YEARLY HIGH

0.1900 NOK

YEARLY LOW

0.1725 NOK

YEARLY AVERAGE

0.1809 NOK

2024 DOP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.1900. Conversely, the yearly low was recorded on September 24, dropping to 0.1725.

This high-to-low spread represents a total annual volatility of 0.0174 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1775 to the December average rate of 0.1850, the exchange rate registered a net change of 4.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1900 was down 7.21% compared to the 2023 peak of 0.2048, 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 950 NOK

2023 Average 943 NOK

Yearly Trough Low 863 NOK

Transaction Impact: A difference of 87.24 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1859

0.1760

JanuMarcMayJulySeptNove

DOP to NOK 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 0.1808, compared to 0.1811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1808

H2 Avg (Jul–Dec) 0.1811

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0122 NOK (High: 0.1896 / Low: 0.1774). On the other end, January was the most stable month, with a tight range of 0.0040 NOK (High: 0.1791 / Low: 0.1751).

May Spread (Volatile) ±0.0122

January Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1846) against the same month in 2023 (average: 0.1921), the exchange rate shifted by -0.0075 (-3.88%).

2024 Avg (April) 0.1846

2023 Avg (April) 0.1921

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1791	0.1751	0.1775
February	0.1821	0.1775	0.1797
March	0.1833	0.1770	0.1799
April	0.1900	0.1801	0.1846
May	0.1896	0.1774	0.1837
June	0.1808	0.1766	0.1792
July	0.1863	0.1784	0.1825
August	0.1857	0.1749	0.1795
September	0.1814	0.1725	0.1768
October	0.1825	0.1747	0.1794
November	0.1850	0.1805	0.1831
December	0.1881	0.1825	0.1850