2024 ISK to DOP Historical Review

YEARLY HIGH

0.4472 DOP

YEARLY LOW

0.4144 DOP

YEARLY AVERAGE

0.4309 DOP

2024 ISK to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.4472. Conversely, the yearly low was recorded on May 2, dropping to 0.4144.

This high-to-low spread represents a total annual volatility of 0.0327 DOP. From a start-to-finish perspective, comparing the January average rate of 0.4280 to the December average rate of 0.4376, the exchange rate registered a net change of 2.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4472 was up 2.64% compared to the 2023 peak of 0.4357, 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 2,236 DOP

2023 Average 2,032 DOP

Yearly Trough Low 2,072 DOP

Transaction Impact: A difference of 163.72 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4429

0.4193

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 0.4257, compared to 0.4360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.4257

H2 Avg (Jul–Dec) 0.4360

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0176 DOP (High: 0.4470 / Low: 0.4294). On the other end, December was the most stable month, with a tight range of 0.0055 DOP (High: 0.4404 / Low: 0.4349).

September Spread (Volatile) ±0.0176

December Spread (Stable) ±0.0055

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 March and April, when the average rate fell by 0.0089 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.4410) against the same month in 2023 (average: 0.4098), the exchange rate shifted by +0.0311 (+7.60%).

2024 Avg (October) 0.4410

2023 Avg (October) 0.4098

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4346	0.4202	0.4280
February	0.4317	0.4221	0.4262
March	0.4375	0.4247	0.4301
April	0.4271	0.4164	0.4212
May	0.4311	0.4144	0.4213
June	0.4319	0.4225	0.4272
July	0.4330	0.4256	0.4295
August	0.4391	0.4273	0.4327
September	0.4470	0.4294	0.4383
October	0.4472	0.4362	0.4410
November	0.4441	0.4314	0.4371
December	0.4404	0.4349	0.4376