YEARLY HIGH
0.3912 DOP
YEARLY LOW
0.3701 DOP
YEARLY AVERAGE
0.3801 DOP

2024 JMD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.3912. Conversely, the yearly low was recorded on May 8, dropping to 0.3701.

This high-to-low spread represents a total annual volatility of 0.0211 DOP. From a start-to-finish perspective, comparing the January average rate of 0.3779 to the December average rate of 0.3880, the exchange rate registered a net change of 2.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3912 was up 4.21% compared to the 2023 peak of 0.3754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,956 DOP
2023 Average 1,817 DOP
Yearly Trough Low 1,850 DOP
Transaction Impact: A difference of 105.70 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3894
0.3728
JanuMarcMayJulySeptNove

JMD 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 0.3785, compared to 0.3817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.3785
H2 Avg (Jul–Dec) 0.3817

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0124 DOP (High: 0.3867 / Low: 0.3743). On the other end, July was the most stable month, with a tight range of 0.0034 DOP (High: 0.3798 / Low: 0.3765).

April Spread (Volatile) ±0.0124
July Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between July and September, 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 April and May, when the average rate fell by 0.0068 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3880) against the same month in 2023 (average: 0.3691), the exchange rate shifted by +0.0189 (+5.12%).

2024 Avg (December) 0.3880
2023 Avg (December) 0.3691

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3800 0.3754 0.3779
February 0.3787 0.3730 0.3754
March 0.3859 0.3765 0.3818
April 0.3867 0.3743 0.3810
May 0.3809 0.3701 0.3742
June 0.3854 0.3782 0.3806
July 0.3798 0.3765 0.3783
August 0.3821 0.3770 0.3804
September 0.3847 0.3800 0.3821
October 0.3842 0.3793 0.3809
November 0.3832 0.3779 0.3808
December 0.3912 0.3834 0.3880