YEARLY HIGH
2.8733 ISK
YEARLY LOW
2.3715 ISK
YEARLY AVERAGE
2.6285 ISK

2016 DOP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.8733. Conversely, the yearly low was recorded on December 5, dropping to 2.3715.

This high-to-low spread represents a total annual volatility of 0.5018 ISK. From a start-to-finish perspective, comparing the January average rate of 2.8525 to the December average rate of 2.4216, the exchange rate registered a net change of -15.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.8733 was down 8.11% compared to the 2015 peak of 3.1268, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,367 ISK
2015 Average 14,661 ISK
Yearly Trough Low 11,858 ISK
Transaction Impact: A difference of 2,509.23 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.8955
2.3786
JanuMarcMayJulySeptNove

DOP to ISK 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 2.7527, compared to 2.5044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2483 points.

H1 Avg (Jan–Jun) 2.7527
H2 Avg (Jul–Dec) 2.5044

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.1353 ISK (High: 2.8443 / Low: 2.7090). On the other end, January was the most stable month, with a tight range of 0.0317 ISK (High: 2.8733 / Low: 2.8417).

March Spread (Volatile) ±0.1353
January Spread (Stable) ±0.0317

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0873 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0873

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.8525) against the same month in 2015 (average: 2.9546), the exchange rate shifted by -0.1022 (-3.46%).

2016 Avg (January) 2.8525
2015 Avg (January) 2.9546

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8733 2.8417 2.8525
February 2.8426 2.7668 2.8056
March 2.8443 2.7090 2.7715
April 2.7269 2.6774 2.7042
May 2.7283 2.6604 2.6966
June 2.7290 2.6436 2.6855
July 2.6769 2.6021 2.6538
August 2.6275 2.5201 2.5665
September 2.5203 2.4727 2.4911
October 2.4849 2.4495 2.4711
November 2.4436 2.3798 2.4223
December 2.4664 2.3715 2.4216