YEARLY HIGH
0.5588 TWD
YEARLY LOW
0.5228 TWD
YEARLY AVERAGE
0.5401 TWD

2024 DOP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.5588. Conversely, the yearly low was recorded on September 28, dropping to 0.5228.

This high-to-low spread represents a total annual volatility of 0.0360 TWD. From a start-to-finish perspective, comparing the January average rate of 0.5323 to the December average rate of 0.5367, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5588 was down 2.32% compared to the 2023 peak of 0.5721, 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 2,794 TWD
2023 Average 2,782 TWD
Yearly Trough Low 2,614 TWD
Transaction Impact: A difference of 180.17 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5544
0.5300
JanuMarcMayJulySeptNove

DOP to TWD 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 0.5419, compared to 0.5383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.5419
H2 Avg (Jul–Dec) 0.5383

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0213 TWD (High: 0.5531 / Low: 0.5318). On the other end, December was the most stable month, with a tight range of 0.0059 TWD (High: 0.5396 / Low: 0.5337).

August Spread (Volatile) ±0.0213
December Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0108 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.5524) against the same month in 2023 (average: 0.5630), the exchange rate shifted by -0.0107 (-1.89%).

2024 Avg (May) 0.5524
2023 Avg (May) 0.5630

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5380 0.5276 0.5323
February 0.5407 0.5315 0.5354
March 0.5432 0.5316 0.5369
April 0.5575 0.5396 0.5475
May 0.5588 0.5452 0.5524
June 0.5513 0.5414 0.5467
July 0.5552 0.5472 0.5517
August 0.5531 0.5318 0.5409
September 0.5381 0.5228 0.5325
October 0.5351 0.5281 0.5320
November 0.5408 0.5265 0.5359
December 0.5396 0.5337 0.5367