YEARLY HIGH
0.8923 DOP
YEARLY LOW
0.8377 DOP
YEARLY AVERAGE
0.8640 DOP

2024 GMD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.8923. Conversely, the yearly low was recorded on August 4, dropping to 0.8377.

This high-to-low spread represents a total annual volatility of 0.0546 DOP. From a start-to-finish perspective, comparing the January average rate of 0.8708 to the December average rate of 0.8452, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8923 was down 5.41% compared to the 2023 peak of 0.9434, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,462 DOP
2023 Average 4,500 DOP
Yearly Trough Low 4,189 DOP
Transaction Impact: A difference of 273.07 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8773
0.8423
JanuMarcMayJulySeptNove

GMD 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 0.8692, compared to 0.8588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.8692
H2 Avg (Jul–Dec) 0.8588

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0419 DOP (High: 0.8821 / Low: 0.8402). On the other end, February was the most stable month, with a tight range of 0.0118 DOP (High: 0.8743 / Low: 0.8625).

September Spread (Volatile) ±0.0419
February Spread (Stable) ±0.0118

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0227 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.8709) against the same month in 2023 (average: 0.8657), the exchange rate shifted by +0.0052 (+0.61%).

2024 Avg (October) 0.8709
2023 Avg (October) 0.8657

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8765 0.8621 0.8708
February 0.8743 0.8625 0.8683
March 0.8741 0.8622 0.8686
April 0.8753 0.8633 0.8702
May 0.8742 0.8553 0.8628
June 0.8833 0.8693 0.8744
July 0.8751 0.8536 0.8720
August 0.8660 0.8377 0.8535
September 0.8821 0.8402 0.8627
October 0.8923 0.8543 0.8709
November 0.8559 0.8414 0.8482
December 0.8525 0.8399 0.8452