YEARLY HIGH
0.4747 DOP
YEARLY LOW
0.4255 DOP
YEARLY AVERAGE
0.4496 DOP

2021 ISK to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.4747. Conversely, the yearly low was recorded on November 16, dropping to 0.4255.

This high-to-low spread represents a total annual volatility of 0.0492 DOP. From a start-to-finish perspective, comparing the January average rate of 0.4527 to the December average rate of 0.4374, the exchange rate registered a net change of -3.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4747 was up 2.11% compared to the 2020 peak of 0.4649, 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 2,373 DOP
2020 Average 2,092 DOP
Yearly Trough Low 2,127 DOP
Transaction Impact: A difference of 246.17 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4704
0.4293
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 0.4558, compared to 0.4433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.4558
H2 Avg (Jul–Dec) 0.4433

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0209 DOP (High: 0.4726 / Low: 0.4517). On the other end, October was the most stable month, with a tight range of 0.0069 DOP (High: 0.4401 / Low: 0.4332).

May Spread (Volatile) ±0.0209
October Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between March and June, 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 (June 2021: 0.4670) against the same month in 2020 (average: 0.4273), the exchange rate shifted by +0.0397 (+9.30%).

2021 Avg (June) 0.4670
2020 Avg (June) 0.4273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4599 0.4474 0.4527
February 0.4590 0.4449 0.4518
March 0.4599 0.4452 0.4503
April 0.4643 0.4453 0.4515
May 0.4726 0.4517 0.4616
June 0.4747 0.4606 0.4670
July 0.4636 0.4512 0.4585
August 0.4616 0.4454 0.4523
September 0.4497 0.4319 0.4421
October 0.4401 0.4332 0.4366
November 0.4365 0.4255 0.4327
December 0.4421 0.4337 0.4374