YEARLY HIGH
0.1883 SEK
YEARLY LOW
0.1670 SEK
YEARLY AVERAGE
0.1779 SEK

2024 DOP to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.1883. Conversely, the yearly low was recorded on September 28, dropping to 0.1670.

This high-to-low spread represents a total annual volatility of 0.0213 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1766 to the December average rate of 0.1812, the exchange rate registered a net change of 2.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1883 was down 5.55% compared to the 2023 peak of 0.1993, 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 941 SEK
2023 Average 948 SEK
Yearly Trough Low 835 SEK
Transaction Impact: A difference of 106.46 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1852
0.1690
JanuMarcMayJulySeptNove

DOP to SEK 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 0.1792, compared to 0.1766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1792
H2 Avg (Jul–Dec) 0.1766

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0108 SEK (High: 0.1807 / Low: 0.1699). On the other end, December was the most stable month, with a tight range of 0.0038 SEK (High: 0.1832 / Low: 0.1794).

August Spread (Volatile) ±0.0108
December Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between September and December, 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 0.0065 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1832) against the same month in 2023 (average: 0.1892), the exchange rate shifted by -0.0060 (-3.17%).

2024 Avg (April) 0.1832
2023 Avg (April) 0.1892

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1782 0.1732 0.1766
February 0.1805 0.1749 0.1778
March 0.1807 0.1730 0.1767
April 0.1883 0.1780 0.1832
May 0.1879 0.1777 0.1838
June 0.1797 0.1747 0.1774
July 0.1830 0.1751 0.1798
August 0.1807 0.1699 0.1744
September 0.1736 0.1670 0.1704
October 0.1770 0.1696 0.1737
November 0.1836 0.1755 0.1804
December 0.1832 0.1794 0.1812