YEARLY HIGH
0.6342 SRD
YEARLY LOW
0.4797 SRD
YEARLY AVERAGE
0.5579 SRD

2024 DOP to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.6342. Conversely, the yearly low was recorded on August 15, dropping to 0.4797.

This high-to-low spread represents a total annual volatility of 0.1545 SRD. From a start-to-finish perspective, comparing the January average rate of 0.6261 to the December average rate of 0.5803, the exchange rate registered a net change of -7.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6342 was down 9.07% compared to the 2023 peak of 0.6975, 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 3,171 SRD
2023 Average 3,270 SRD
Yearly Trough Low 2,399 SRD
Transaction Impact: A difference of 772.44 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6404
0.4688
JanuMarcMayJulySeptNove

DOP to SRD 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 0.5853, compared to 0.5304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0549 points.

H1 Avg (Jan–Jun) 0.5853
H2 Avg (Jul–Dec) 0.5304

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0624 SRD (High: 0.5704 / Low: 0.5080). On the other end, August was the most stable month, with a tight range of 0.0096 SRD (High: 0.4893 / Low: 0.4797).

October Spread (Volatile) ±0.0624
August Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between August and November, 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 0.0287 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0287

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6261) against the same month in 2023 (average: 0.5622), the exchange rate shifted by +0.0639 (+11.37%).

2024 Avg (January) 0.6261
2023 Avg (January) 0.5622

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6342 0.6191 0.6261
February 0.6247 0.6010 0.6159
March 0.6044 0.5884 0.5970
April 0.5923 0.5778 0.5858
May 0.5813 0.5425 0.5579
June 0.5446 0.5179 0.5292
July 0.5218 0.4873 0.5020
August 0.4893 0.4797 0.4831
September 0.5095 0.4830 0.4950
October 0.5704 0.5080 0.5390
November 0.5891 0.5689 0.5831
December 0.5871 0.5759 0.5803