YEARLY HIGH
0.0293 NZD
YEARLY LOW
0.0261 NZD
YEARLY AVERAGE
0.0278 NZD

2024 DOP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0293. Conversely, the yearly low was recorded on September 28, dropping to 0.0261.

This high-to-low spread represents a total annual volatility of 0.0032 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0276 to the December average rate of 0.0287, the exchange rate registered a net change of 3.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0293 was down 3.82% compared to the 2023 peak of 0.0304, 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 146 NZD
2023 Average 146 NZD
Yearly Trough Low 130 NZD
Transaction Impact: A difference of 15.84 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0289
0.0266
JanuMarcMayJulySeptNove

DOP to NZD 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 0.0279, compared to 0.0277 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0279
H2 Avg (Jul–Dec) 0.0277

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0017 NZD (High: 0.0285 / Low: 0.0267). On the other end, June was the most stable month, with a tight range of 0.0006 NZD (High: 0.0278 / Low: 0.0272).

August Spread (Volatile) ±0.0017
June Spread (Stable) ±0.0006

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 August and September, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0287) against the same month in 2023 (average: 0.0280), the exchange rate shifted by +0.0007 (+2.53%).

2024 Avg (December) 0.0287
2023 Avg (December) 0.0280

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0280 0.0272 0.0276
February 0.0282 0.0274 0.0278
March 0.0284 0.0275 0.0279
April 0.0291 0.0278 0.0284
May 0.0290 0.0274 0.0282
June 0.0278 0.0272 0.0275
July 0.0287 0.0275 0.0280
August 0.0285 0.0267 0.0276
September 0.0272 0.0261 0.0268
October 0.0278 0.0263 0.0273
November 0.0285 0.0275 0.0281
December 0.0293 0.0281 0.0287