2024 DOP to SGD Historical Review

YEARLY HIGH

0.0234 SGD

YEARLY LOW

0.0212 SGD

YEARLY AVERAGE

0.0225 SGD

2024 DOP to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0234. Conversely, the yearly low was recorded on September 28, dropping to 0.0212.

This high-to-low spread represents a total annual volatility of 0.0022 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0228 to the December average rate of 0.0223, the exchange rate registered a net change of -2.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0234 was down 5.83% compared to the 2023 peak of 0.0248, 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 117 SGD

2023 Average 120 SGD

Yearly Trough Low 106 SGD

Transaction Impact: A difference of 10.97 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0233

0.0214

JanuMarcMayJulySeptNove

DOP to SGD 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 0.0229, compared to 0.0221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0229

H2 Avg (Jul–Dec) 0.0221

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0008 SGD (High: 0.0225 / Low: 0.0217). On the other end, January was the most stable month, with a tight range of 0.0003 SGD (High: 0.0229 / Low: 0.0227).

August Spread (Volatile) ±0.0008

January Spread (Stable) ±0.0003

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 July and August, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0231) against the same month in 2023 (average: 0.0246), the exchange rate shifted by -0.0015 (-5.98%).

2024 Avg (May) 0.0231

2023 Avg (May) 0.0246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0229	0.0227	0.0228
February	0.0230	0.0227	0.0229
March	0.0229	0.0225	0.0227
April	0.0233	0.0227	0.0230
May	0.0234	0.0228	0.0231
June	0.0230	0.0226	0.0228
July	0.0230	0.0225	0.0228
August	0.0225	0.0217	0.0221
September	0.0219	0.0212	0.0216
October	0.0220	0.0213	0.0217
November	0.0223	0.0217	0.0221
December	0.0224	0.0221	0.0223