To which document are you refering? Previous Stratix III device handbooks specified maximal input and output toggle rates for various IO standards in the datasheet section. Depending e.g. on currents strength values between 250 up to 550 MHz had been given for LVCMOS.
Now, the toogle rate tables have been removed. Without refering to the removal of datasheet specifications, the knowledge base says:
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From Stratix III, Stratix IV and Arria II GX devices onwards, Altera uses system-level specifications such as external memory interface specifications as an indication of I/O buffer performance. Actual achievable I/O signaling frequencies depends on design and system specific factors and is best determined using HSPICE / IBIS simulations. Altera will discontinue publishing the I/O toggle rate specifications in the device data sheets.
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For the recent V2.1 device manual, this general remark has been added under device performance:
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General-purpose I/O standards such as 3.3, 3.0, 2.5, 1.8, or 1.5 LVTTL/LVCMOS are capable of typical 167 MHz and 1.2 LVCMOS at 100MHz interfacing frequency with 10pF load.
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Obviously, there is a change in the way, IO speed
numbers are presented to the user. In my view, the datasheet is focussing more on realistic IO speed caculations for the interface as a whole, including e.g. typical load input capacitances. By only presenting slogan-like toggle rates, this point has been apparently often ignored.
Personally I would expect no problems when operating the DAC at 200 MHz data rate. The most critical signal is the 200 MHz clock, it would be better to use a differential I/O standard for it. The data lines are operating at only half the toggle rate. But you should care to adjust the driver impedance to the PCB traces.
I don't think that Stratix III single ended IOs are slower than of Stratix II.