YEARLY HIGH
67.5038 DOP
YEARLY LOW
62.2949 DOP
YEARLY AVERAGE
64.3183 DOP

2024 EUR to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 67.5038. Conversely, the yearly low was recorded on May 2, dropping to 62.2949.

This high-to-low spread represents a total annual volatility of 5.2089 DOP. From a start-to-finish perspective, comparing the January average rate of 63.9309 to the December average rate of 63.5592, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 67.5038 was up 5.08% compared to the 2023 peak of 64.2400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EUR based on timing:

Yearly Peak High 337,519 DOP
2023 Average 303,011 DOP
Yearly Trough Low 311,475 DOP
Transaction Impact: A difference of 26,044.39 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

67.0157
62.8846
JanuMarcMayJulySeptNove

EUR to DOP 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 63.6308, compared to 65.0057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3749 points.

H1 Avg (Jan–Jun) 63.6308
H2 Avg (Jul–Dec) 65.0057

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 3.3525 DOP (High: 66.1235 / Low: 62.7710). On the other end, January was the most stable month, with a tight range of 1.0486 DOP (High: 64.3722 / Low: 63.3236).

November Spread (Volatile) ±3.3525
January Spread (Stable) ±1.0486

Growth Streaks & Declines

Trends

Between May and September, 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 October and November, when the average rate fell by 1.6048 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.6048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 66.6715) against the same month in 2023 (average: 60.6068), the exchange rate shifted by +6.0646 (+10.01%).

2024 Avg (September) 66.6715
2023 Avg (September) 60.6068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 64.3722 63.3236 63.9309
February 63.9413 62.7595 63.3626
March 64.7172 63.4921 64.1487
April 64.3603 62.4233 63.3472
May 64.3307 62.2949 63.2288
June 64.6576 62.9752 63.7666
July 64.5517 63.4544 64.2037
August 67.0195 64.0813 65.7110
September 67.5038 65.9073 66.6715
October 66.8597 65.0374 65.7469
November 66.1235 62.7710 64.1421
December 64.0997 62.9693 63.5592