2022 ISK to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ISK to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ISK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 7.8821. Conversely, the yearly low was recorded on March 7, dropping to 5.9789.
This high-to-low spread represents a total annual volatility of 1.9032 MWK. From a start-to-finish perspective, comparing the January average rate of 6.3272 to the December average rate of 7.2034, the exchange rate registered a net change of 13.85% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 7.8821 was up 18.71% compared to the 2021 peak of 6.6399, 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 2022.
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 6.5029, compared to 7.2617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7589 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 1.5732 MWK (High: 7.8821 / Low: 6.3089). On the other end, December was the most stable month, with a tight range of 0.1652 MWK (High: 7.2785 / Low: 7.1133).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2181 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2022: 7.4795) against the same month in 2021 (average: 6.5476), the exchange rate shifted by +0.9319 (+14.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.3994 | 6.2318 | 6.3272 |
| February | 6.5504 | 6.3428 | 6.4454 |
| March | 6.4227 | 5.9789 | 6.2273 |
| April | 6.4009 | 6.2087 | 6.3021 |
| May | 6.4179 | 6.0672 | 6.2359 |
| June | 7.8821 | 6.3089 | 7.4795 |
| July | 7.6855 | 7.3989 | 7.5169 |
| August | 7.5913 | 7.2167 | 7.3929 |
| September | 7.3946 | 7.0570 | 7.2273 |
| October | 7.2538 | 7.0241 | 7.1172 |
| November | 7.2945 | 6.8771 | 7.1128 |
| December | 7.2785 | 7.1133 | 7.2034 |