2024 TOP to DOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TOP to DOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TOP to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 25.9095. Conversely, the yearly low was recorded on April 29, dropping to 24.2212.
This high-to-low spread represents a total annual volatility of 1.6883 DOP. From a start-to-finish perspective, comparing the January average rate of 24.8771 to the December average rate of 25.3470, the exchange rate registered a net change of 1.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 25.9095 was up 3.92% compared to the 2023 peak of 24.9318, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TOP to DOP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 24.8616, compared to 25.3209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4592 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was April, with a trading range of 0.8296 DOP (High: 25.0507 / Low: 24.2212). On the other end, January was the most stable month, with a tight range of 0.2894 DOP (High: 25.0014 / Low: 24.7120).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 0.2987 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 25.5380) against the same month in 2023 (average: 23.6929), the exchange rate shifted by +1.8451 (+7.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.0014 | 24.7120 | 24.8771 |
| February | 24.9457 | 24.4762 | 24.7905 |
| March | 25.1094 | 24.6792 | 24.9151 |
| April | 25.0507 | 24.2212 | 24.7810 |
| May | 25.0905 | 24.2925 | 24.6901 |
| June | 25.3810 | 24.9584 | 25.1161 |
| July | 25.1533 | 24.7799 | 24.9972 |
| August | 25.5530 | 24.7440 | 25.2121 |
| September | 25.8664 | 25.4261 | 25.5916 |
| October | 25.9095 | 25.2755 | 25.5380 |
| November | 25.4113 | 25.0899 | 25.2393 |
| December | 25.5198 | 25.1805 | 25.3470 |