YEARLY HIGH
2.3504 ISK
YEARLY LOW
2.1067 ISK
YEARLY AVERAGE
2.2257 ISK

2021 DOP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 2.3504. Conversely, the yearly low was recorded on June 2, dropping to 2.1067.

This high-to-low spread represents a total annual volatility of 0.2438 ISK. From a start-to-finish perspective, comparing the January average rate of 2.2092 to the December average rate of 2.2862, the exchange rate registered a net change of 3.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3504 was down 13.36% compared to the 2020 peak of 2.7130, 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 11,752 ISK
2020 Average 11,986 ISK
Yearly Trough Low 10,533 ISK
Transaction Impact: A difference of 1,218.95 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3280
2.1245
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 2.1944, compared to 2.2570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0626 points.

H1 Avg (Jan–Jun) 2.1944
H2 Avg (Jul–Dec) 2.2570

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0978 ISK (High: 2.2139 / Low: 2.1161). On the other end, October was the most stable month, with a tight range of 0.0364 ISK (High: 2.3084 / Low: 2.2720).

May Spread (Volatile) ±0.0978
October Spread (Stable) ±0.0364

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0483 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0483

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 2.3111) against the same month in 2020 (average: 2.3438), the exchange rate shifted by -0.0328 (-1.40%).

2021 Avg (November) 2.3111
2020 Avg (November) 2.3438

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2351 2.1742 2.2092
February 2.2475 2.1787 2.2137
March 2.2462 2.1745 2.2208
April 2.2458 2.1536 2.2148
May 2.2139 2.1161 2.1665
June 2.1712 2.1067 2.1415
July 2.2164 2.1569 2.1810
August 2.2452 2.1662 2.2113
September 2.3153 2.2239 2.2620
October 2.3084 2.2720 2.2903
November 2.3504 2.2910 2.3111
December 2.3057 2.2621 2.2862