YEARLY HIGH
2.7130 ISK
YEARLY LOW
2.1511 ISK
YEARLY AVERAGE
2.3973 ISK

2020 DOP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 2.7130. Conversely, the yearly low was recorded on December 6, dropping to 2.1511.

This high-to-low spread represents a total annual volatility of 0.5618 ISK. From a start-to-finish perspective, comparing the January average rate of 2.3219 to the December average rate of 2.1899, the exchange rate registered a net change of -5.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.7130 was up 8.94% compared to the 2019 peak of 2.4903, 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 13,565 ISK
2019 Average 11,938 ISK
Yearly Trough Low 10,756 ISK
Transaction Impact: A difference of 2,809.23 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.7117
2.1425
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 2.4650, compared to 2.3296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1354 points.

H1 Avg (Jan–Jun) 2.4650
H2 Avg (Jul–Dec) 2.3296

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3122 ISK (High: 2.6235 / Low: 2.3113). On the other end, January was the most stable month, with a tight range of 0.0534 ISK (High: 2.3397 / Low: 2.2862).

March Spread (Volatile) ±0.3122
January Spread (Stable) ±0.0534

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2547 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.6643) against the same month in 2019 (average: 2.3770), the exchange rate shifted by +0.2872 (+12.08%).

2020 Avg (April) 2.6643
2019 Avg (April) 2.3770

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3397 2.2862 2.3219
February 2.4037 2.3010 2.3691
March 2.6235 2.3113 2.4985
April 2.7130 2.6206 2.6643
May 2.6956 2.4053 2.5955
June 2.4130 2.2849 2.3409
July 2.4183 2.2992 2.3687
August 2.3662 2.3034 2.3379
September 2.4080 2.3106 2.3577
October 2.4126 2.3566 2.3795
November 2.4173 2.2817 2.3438
December 2.2453 2.1511 2.1899