YEARLY HIGH
0.7218 DOP
YEARLY LOW
0.6948 DOP
YEARLY AVERAGE
0.7103 DOP

2024 INR to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.7218. Conversely, the yearly low was recorded on May 6, dropping to 0.6948.

This high-to-low spread represents a total annual volatility of 0.0269 DOP. From a start-to-finish perspective, comparing the January average rate of 0.7051 to the December average rate of 0.7140, the exchange rate registered a net change of 1.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7218 was up 2.98% compared to the 2023 peak of 0.7009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 180,445 DOP
2023 Average 169,524 DOP
Yearly Trough Low 173,709 DOP
Transaction Impact: A difference of 6,736.24 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7195
0.6998
JanuMarcMayJulySeptNove

INR 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 0.7071, compared to 0.7136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.7071
H2 Avg (Jul–Dec) 0.7136

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0151 DOP (High: 0.7099 / Low: 0.6948). On the other end, July was the most stable month, with a tight range of 0.0036 DOP (High: 0.7093 / Low: 0.7057).

May Spread (Volatile) ±0.0151
July Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between July and October, 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 April and May, when the average rate fell by 0.0069 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.7161) against the same month in 2023 (average: 0.6834), the exchange rate shifted by +0.0327 (+4.78%).

2024 Avg (September) 0.7161
2023 Avg (September) 0.6834

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7096 0.6956 0.7051
February 0.7102 0.7044 0.7075
March 0.7154 0.7037 0.7104
April 0.7124 0.7009 0.7083
May 0.7099 0.6948 0.7014
June 0.7167 0.7048 0.7097
July 0.7093 0.7057 0.7075
August 0.7146 0.7037 0.7105
September 0.7218 0.7106 0.7161
October 0.7213 0.7159 0.7179
November 0.7189 0.7127 0.7153
December 0.7167 0.7093 0.7140