YEARLY HIGH
0.4649 DOP
YEARLY LOW
0.3686 DOP
YEARLY AVERAGE
0.4184 DOP

2020 ISK to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.4649. Conversely, the yearly low was recorded on April 23, dropping to 0.3686.

This high-to-low spread represents a total annual volatility of 0.0963 DOP. From a start-to-finish perspective, comparing the January average rate of 0.4307 to the December average rate of 0.4567, the exchange rate registered a net change of 6.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4649 was up 5.88% compared to the 2019 peak of 0.4391, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,324 DOP
2019 Average 2,095 DOP
Yearly Trough Low 1,843 DOP
Transaction Impact: A difference of 481.37 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4648
0.3672
JanuMarcMayJulySeptNove

ISK to DOP 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 0.4070, compared to 0.4297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0226 points.

H1 Avg (Jan–Jun) 0.4070
H2 Avg (Jul–Dec) 0.4297

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0515 DOP (High: 0.4327 / Low: 0.3812). On the other end, October was the most stable month, with a tight range of 0.0099 DOP (High: 0.4243 / Low: 0.4145).

March Spread (Volatile) ±0.0515
October Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0256 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.4567) against the same month in 2019 (average: 0.4346), the exchange rate shifted by +0.0221 (+5.07%).

2020 Avg (December) 0.4567
2019 Avg (December) 0.4346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4374 0.4274 0.4307
February 0.4346 0.4160 0.4221
March 0.4327 0.3812 0.4010
April 0.3816 0.3686 0.3754
May 0.4157 0.3710 0.3858
June 0.4377 0.4144 0.4273
July 0.4349 0.4135 0.4223
August 0.4341 0.4226 0.4278
September 0.4328 0.4153 0.4242
October 0.4243 0.4145 0.4203
November 0.4383 0.4137 0.4267
December 0.4649 0.4454 0.4567