2024 DOP to QAR Historical Review

YEARLY HIGH

0.0629 QAR

YEARLY LOW

0.0597 QAR

YEARLY AVERAGE

0.0613 QAR

2024 DOP to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0629. Conversely, the yearly low was recorded on December 31, dropping to 0.0597.

This high-to-low spread represents a total annual volatility of 0.0032 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0622 to the December average rate of 0.0600, the exchange rate registered a net change of -3.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0629 was down 6.34% compared to the 2023 peak of 0.0671, 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 314 QAR

2023 Average 325 QAR

Yearly Trough Low 298 QAR

Transaction Impact: A difference of 15.99 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0625

0.0598

JanuMarcMayJulySeptNove

DOP to QAR 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 0.0619, compared to 0.0607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0619

H2 Avg (Jul–Dec) 0.0607

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0014 QAR (High: 0.0628 / Low: 0.0615). On the other end, November was the most stable month, with a tight range of 0.0004 QAR (High: 0.0606 / Low: 0.0602).

May Spread (Volatile) ±0.0014

November Spread (Stable) ±0.0004

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 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0622) against the same month in 2023 (average: 0.0644), the exchange rate shifted by -0.0022 (-3.45%).

2024 Avg (January) 0.0622

2023 Avg (January) 0.0644

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0629	0.0617	0.0622
February	0.0625	0.0618	0.0621
March	0.0622	0.0614	0.0617
April	0.0623	0.0613	0.0617
May	0.0628	0.0615	0.0623
June	0.0618	0.0609	0.0615
July	0.0618	0.0614	0.0616
August	0.0615	0.0605	0.0610
September	0.0611	0.0603	0.0607
October	0.0606	0.0602	0.0604
November	0.0606	0.0602	0.0604
December	0.0604	0.0597	0.0600