2019 ISK to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ISK to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ISK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 6.7190. Conversely, the yearly low was recorded on September 3, dropping to 5.7111.
This high-to-low spread represents a total annual volatility of 1.0078 MWK. From a start-to-finish perspective, comparing the January average rate of 6.1125 to the December average rate of 6.0130, the exchange rate registered a net change of -1.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 6.7190 was down 10.51% compared to the 2018 peak of 7.5077, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
ISK to MWK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6.0418, compared to 5.9431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0988 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 0.7246 MWK (High: 6.7190 / Low: 5.9943). On the other end, October was the most stable month, with a tight range of 0.1021 MWK (High: 5.9378 / Low: 5.8357).
Growth Streaks & Declines
TrendsBetween September and December, 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 July and August, when the average rate fell by 0.1553 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 6.1125) against the same month in 2018 (average: 7.0608), the exchange rate shifted by -0.9483 (-13.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.7190 | 5.9943 | 6.1125 |
| February | 6.1405 | 6.0109 | 6.0805 |
| March | 6.2109 | 5.8936 | 6.0579 |
| April | 6.1301 | 5.8902 | 6.0427 |
| May | 6.0525 | 5.7872 | 5.8986 |
| June | 6.3926 | 5.8220 | 6.0589 |
| July | 6.2329 | 5.9810 | 6.0760 |
| August | 6.0965 | 5.7544 | 5.9207 |
| September | 5.9649 | 5.7111 | 5.8282 |
| October | 5.9378 | 5.8357 | 5.8823 |
| November | 6.0358 | 5.8591 | 5.9383 |
| December | 6.0882 | 5.8919 | 6.0130 |