YEARLY HIGH
0.0466 XCD
YEARLY LOW
0.0442 XCD
YEARLY AVERAGE
0.0455 XCD

2024 DOP to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0466. Conversely, the yearly low was recorded on December 31, dropping to 0.0442.

This high-to-low spread represents a total annual volatility of 0.0024 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0461 to the December average rate of 0.0445, the exchange rate registered a net change of -3.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0466 was down 6.74% compared to the 2023 peak of 0.0500, 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 233 XCD
2023 Average 241 XCD
Yearly Trough Low 221 XCD
Transaction Impact: A difference of 12.06 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0464
0.0444
JanuMarcMayJulySeptNove

DOP to XCD 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 0.0459, compared to 0.0450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0459
H2 Avg (Jul–Dec) 0.0450

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0010 XCD (High: 0.0466 / Low: 0.0456). On the other end, October was the most stable month, with a tight range of 0.0003 XCD (High: 0.0449 / Low: 0.0447).

May Spread (Volatile) ±0.0010
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0462) against the same month in 2023 (average: 0.0496), the exchange rate shifted by -0.0033 (-6.73%).

2024 Avg (May) 0.0462
2023 Avg (May) 0.0496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0466 0.0458 0.0461
February 0.0462 0.0458 0.0460
March 0.0461 0.0455 0.0458
April 0.0462 0.0455 0.0457
May 0.0466 0.0456 0.0462
June 0.0459 0.0451 0.0456
July 0.0459 0.0456 0.0457
August 0.0458 0.0451 0.0453
September 0.0453 0.0447 0.0450
October 0.0449 0.0447 0.0448
November 0.0450 0.0446 0.0448
December 0.0448 0.0442 0.0445