2023 ISK to DOP Historical Review

YEARLY HIGH

0.4357 DOP

YEARLY LOW

0.3851 DOP

YEARLY AVERAGE

0.4063 DOP

2023 ISK to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.4357. Conversely, the yearly low was recorded on February 25, dropping to 0.3851.

This high-to-low spread represents a total annual volatility of 0.0506 DOP. From a start-to-finish perspective, comparing the January average rate of 0.3960 to the December average rate of 0.4160, the exchange rate registered a net change of 5.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4357 was down 5.70% compared to the 2022 peak of 0.4620, 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 2,178 DOP

2022 Average 2,037 DOP

Yearly Trough Low 1,925 DOP

Transaction Impact: A difference of 252.89 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4332

0.3890

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 0.3957, compared to 0.4169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 0.3957

H2 Avg (Jul–Dec) 0.4169

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0270 DOP (High: 0.4293 / Low: 0.4023). On the other end, October was the most stable month, with a tight range of 0.0068 DOP (High: 0.4131 / Low: 0.4064).

July Spread (Volatile) ±0.0270

October Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.0101 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.4295) against the same month in 2022 (average: 0.3888), the exchange rate shifted by +0.0408 (+10.49%).

2023 Avg (August) 0.4295

2022 Avg (August) 0.3888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4025	0.3888	0.3960
February	0.4062	0.3851	0.3927
March	0.4039	0.3871	0.3928
April	0.4066	0.3975	0.4008
May	0.4018	0.3874	0.3939
June	0.4083	0.3867	0.3981
July	0.4293	0.4023	0.4207
August	0.4357	0.4253	0.4295
September	0.4303	0.4117	0.4195
October	0.4131	0.4064	0.4098
November	0.4157	0.3954	0.4058
December	0.4274	0.4071	0.4160