YEARLY HIGH
0.0291 DOP
YEARLY LOW
0.0182 DOP
YEARLY AVERAGE
0.0281 DOP

2024 MMK to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0291. Conversely, the yearly low was recorded on July 20, dropping to 0.0182.

This high-to-low spread represents a total annual volatility of 0.0109 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0279 to the December average rate of 0.0289, the exchange rate registered a net change of 3.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0291 was up 5.47% compared to the 2023 peak of 0.0276, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146 DOP
2023 Average 133 DOP
Yearly Trough Low 91 DOP
Transaction Impact: A difference of 54.53 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0292
0.0261
JanuMarcMayJulySeptNove

MMK 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 0.0279, compared to 0.0283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0279
H2 Avg (Jul–Dec) 0.0283

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0101 DOP (High: 0.0283 / Low: 0.0182). On the other end, October was the most stable month, with a tight range of 0.0002 DOP (High: 0.0288 / Low: 0.0287).

July Spread (Volatile) ±0.0101
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and December, 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 June and July, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0289) against the same month in 2023 (average: 0.0273), the exchange rate shifted by +0.0017 (+6.08%).

2024 Avg (December) 0.0289
2023 Avg (December) 0.0273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0281 0.0276 0.0279
February 0.0281 0.0278 0.0279
March 0.0283 0.0279 0.0281
April 0.0283 0.0279 0.0281
May 0.0282 0.0276 0.0279
June 0.0285 0.0238 0.0272
July 0.0283 0.0182 0.0264
August 0.0286 0.0281 0.0284
September 0.0288 0.0284 0.0286
October 0.0288 0.0287 0.0288
November 0.0289 0.0286 0.0288
December 0.0291 0.0287 0.0289