YEARLY HIGH
16.7591 DOP
YEARLY LOW
15.9065 DOP
YEARLY AVERAGE
16.3161 DOP

2024 QAR to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 16.7591. Conversely, the yearly low was recorded on January 1, dropping to 15.9065.

This high-to-low spread represents a total annual volatility of 0.8526 DOP. From a start-to-finish perspective, comparing the January average rate of 16.0842 to the December average rate of 16.6613, the exchange rate registered a net change of 3.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.7591 was up 5.08% compared to the 2023 peak of 15.9485, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,795 DOP
2023 Average 76,842 DOP
Yearly Trough Low 79,532 DOP
Transaction Impact: A difference of 4,262.87 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.7225
15.9882
JanuMarcMayJulySeptNove

QAR 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 16.1545, compared to 16.4777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3232 points.

H1 Avg (Jan–Jun) 16.1545
H2 Avg (Jul–Dec) 16.4777

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.3554 DOP (High: 16.2708 / Low: 15.9153). On the other end, July was the most stable month, with a tight range of 0.1007 DOP (High: 16.2871 / Low: 16.1864).

May Spread (Volatile) ±0.3554
July Spread (Stable) ±0.1007

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 April and May, when the average rate fell by 0.1706 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1706

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 16.6613) against the same month in 2023 (average: 15.7302), the exchange rate shifted by +0.9311 (+5.92%).

2024 Avg (December) 16.6613
2023 Avg (December) 15.7302

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.2074 15.9065 16.0842
February 16.1906 16.0058 16.1098
March 16.2993 16.0896 16.2036
April 16.3249 16.0586 16.2200
May 16.2708 15.9153 16.0494
June 16.4291 16.1824 16.2601
July 16.2871 16.1864 16.2324
August 16.5372 16.2707 16.3808
September 16.5969 16.3699 16.4730
October 16.6205 16.4942 16.5520
November 16.6106 16.5072 16.5666
December 16.7591 16.5665 16.6613