YEARLY HIGH
0.4723 DOP
YEARLY LOW
0.3594 DOP
YEARLY AVERAGE
0.4436 DOP

2024 KES to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4723. Conversely, the yearly low was recorded on February 4, dropping to 0.3594.

This high-to-low spread represents a total annual volatility of 0.1129 DOP. From a start-to-finish perspective, comparing the January average rate of 0.3668 to the December average rate of 0.4693, the exchange rate registered a net change of 27.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4723 was up 3.09% compared to the 2023 peak of 0.4582, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,362 DOP
2023 Average 2,010 DOP
Yearly Trough Low 1,797 DOP
Transaction Impact: A difference of 564.59 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4796
0.3565
JanuMarcMayJulySeptNove

KES 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 0.4223, compared to 0.4648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0425 points.

H1 Avg (Jan–Jun) 0.4223
H2 Avg (Jul–Dec) 0.4648

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0515 DOP (High: 0.4109 / Low: 0.3594). On the other end, October was the most stable month, with a tight range of 0.0032 DOP (High: 0.4693 / Low: 0.4661).

February Spread (Volatile) ±0.0515
October Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0055 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4693) against the same month in 2023 (average: 0.3712), the exchange rate shifted by +0.0982 (+26.45%).

2024 Avg (December) 0.4693
2023 Avg (December) 0.3712

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3730 0.3596 0.3668
February 0.4109 0.3594 0.3859
March 0.4487 0.3993 0.4296
April 0.4647 0.4367 0.4501
May 0.4571 0.4300 0.4446
June 0.4626 0.4529 0.4571
July 0.4641 0.4498 0.4584
August 0.4647 0.4534 0.4615
September 0.4684 0.4623 0.4654
October 0.4693 0.4661 0.4676
November 0.4688 0.4652 0.4669
December 0.4723 0.4656 0.4693