YEARLY HIGH
2.7535 ISK
YEARLY LOW
2.1645 ISK
YEARLY AVERAGE
2.4632 ISK

2022 DOP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 2.7535. Conversely, the yearly low was recorded on February 9, dropping to 2.1645.

This high-to-low spread represents a total annual volatility of 0.5891 ISK. From a start-to-finish perspective, comparing the January average rate of 2.2398 to the December average rate of 2.5714, the exchange rate registered a net change of 14.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.7535 was up 17.15% compared to the 2021 peak of 2.3504, 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 13,768 ISK
2021 Average 11,129 ISK
Yearly Trough Low 10,822 ISK
Transaction Impact: A difference of 2,945.41 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.7261
2.1531
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 2.3204, compared to 2.6061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2857 points.

H1 Avg (Jan–Jun) 2.3204
H2 Avg (Jul–Dec) 2.6061

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.1884 ISK (High: 2.6699 / Low: 2.4814). On the other end, October was the most stable month, with a tight range of 0.0569 ISK (High: 2.7068 / Low: 2.6499).

August Spread (Volatile) ±0.1884
October Spread (Stable) ±0.0569

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0822 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0822

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 2.6536) against the same month in 2021 (average: 2.3111), the exchange rate shifted by +0.3426 (+14.82%).

2022 Avg (November) 2.6536
2021 Avg (November) 2.3111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2844 2.2154 2.2398
February 2.3007 2.1645 2.2009
March 2.4384 2.3148 2.3730
April 2.3833 2.3193 2.3471
May 2.4416 2.3022 2.3747
June 2.4490 2.3133 2.3866
July 2.5408 2.4380 2.5005
August 2.6699 2.4814 2.5737
September 2.7257 2.5934 2.6590
October 2.7068 2.6499 2.6783
November 2.7535 2.5766 2.6536
December 2.5981 2.5164 2.5714