YEARLY HIGH
0.1480 SBD
YEARLY LOW
0.1368 SBD
YEARLY AVERAGE
0.1418 SBD

2024 DOP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.1480. Conversely, the yearly low was recorded on October 12, dropping to 0.1368.

This high-to-low spread represents a total annual volatility of 0.0112 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1437 to the December average rate of 0.1381, the exchange rate registered a net change of -3.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1480 was down 4.00% compared to the 2023 peak of 0.1542, 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 740 SBD
2023 Average 745 SBD
Yearly Trough Low 684 SBD
Transaction Impact: A difference of 55.99 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1459
0.1369
JanuMarcMayJulySeptNove

DOP to SBD 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 0.1438, compared to 0.1397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.1438
H2 Avg (Jul–Dec) 0.1397

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0059 SBD (High: 0.1480 / Low: 0.1421). On the other end, July was the most stable month, with a tight range of 0.0017 SBD (High: 0.1434 / Low: 0.1417).

March Spread (Volatile) ±0.0059
July Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0033 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1435) against the same month in 2023 (average: 0.1498), the exchange rate shifted by -0.0063 (-4.20%).

2024 Avg (March) 0.1435
2023 Avg (March) 0.1498

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1453 0.1419 0.1437
February 0.1451 0.1429 0.1440
March 0.1480 0.1421 0.1435
April 0.1451 0.1422 0.1435
May 0.1467 0.1433 0.1451
June 0.1436 0.1410 0.1428
July 0.1434 0.1417 0.1429
August 0.1440 0.1408 0.1423
September 0.1421 0.1372 0.1390
October 0.1386 0.1368 0.1377
November 0.1392 0.1372 0.1385
December 0.1389 0.1372 0.1381