YEARLY HIGH
2.5041 ISK
YEARLY LOW
1.9788 ISK
YEARLY AVERAGE
2.1812 ISK

2018 DOP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 2.5041. Conversely, the yearly low was recorded on March 27, dropping to 1.9788.

This high-to-low spread represents a total annual volatility of 0.5254 ISK. From a start-to-finish perspective, comparing the January average rate of 2.1185 to the December average rate of 2.3916, the exchange rate registered a net change of 12.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.5041 was down 0.73% compared to the 2017 peak of 2.5226, 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 12,521 ISK
2017 Average 11,268 ISK
Yearly Trough Low 9,894 ISK
Transaction Impact: A difference of 2,626.76 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.5041
1.9688
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 2.0774, compared to 2.2851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2077 points.

H1 Avg (Jan–Jun) 2.0774
H2 Avg (Jul–Dec) 2.2851

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.1826 ISK (High: 2.4250 / Low: 2.2424). On the other end, August was the most stable month, with a tight range of 0.0603 ISK (High: 2.1948 / Low: 2.1345).

October Spread (Volatile) ±0.1826
August Spread (Stable) ±0.0603

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0680 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0680

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 2.4595) against the same month in 2017 (average: 2.1691), the exchange rate shifted by +0.2904 (+13.39%).

2018 Avg (November) 2.4595
2017 Avg (November) 2.1691

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1702 2.0668 2.1185
February 2.1073 2.0389 2.0638
March 2.0479 1.9788 2.0151
April 2.0479 1.9869 2.0134
May 2.1493 2.0505 2.0974
June 2.2046 2.1019 2.1562
July 2.1667 2.1011 2.1448
August 2.1948 2.1345 2.1601
September 2.2707 2.1494 2.2094
October 2.4250 2.2424 2.3451
November 2.5041 2.4112 2.4595
December 2.4636 2.2977 2.3916