YEARLY HIGH
6.6399 MWK
YEARLY LOW
5.9170 MWK
YEARLY AVERAGE
6.2974 MWK

2021 ISK to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 6.6399. Conversely, the yearly low was recorded on February 4, dropping to 5.9170.

This high-to-low spread represents a total annual volatility of 0.7229 MWK. From a start-to-finish perspective, comparing the January average rate of 6.0142 to the December average rate of 6.2659, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.6399 was up 8.21% compared to the 2020 peak of 6.1359, 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 33,199 MWK
2020 Average 27,560 MWK
Yearly Trough Low 29,585 MWK
Transaction Impact: A difference of 3,614.26 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.6009
5.9609
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: JanтАУJun) was 6.2426, compared to 6.3522 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1096 points.

H1 Avg (JanтАУJun) 6.2426
H2 Avg (JulтАУDec) 6.3522

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.3342 MWK (High: 6.4776 / Low: 6.1434). On the other end, October was the most stable month, with a tight range of 0.0991 MWK (High: 6.3727 / Low: 6.2736).

April Spread (Volatile) ┬▒0.3342
October Spread (Stable) ┬▒0.0991

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0930 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0930

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 6.5476) against the same month in 2020 (average: 5.4348), the exchange rate shifted by +1.1128 (+20.48%).

2021 Avg (June) 6.5476
2020 Avg (June) 5.4348

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 6.1167 5.9484 6.0142
February 6.1948 5.9170 6.0652
March 6.2699 6.0641 6.1474
April 6.4776 6.1434 6.2494
May 6.6101 6.2897 6.4319
June 6.6399 6.4336 6.5476
July 6.5678 6.3947 6.4961
August 6.5713 6.3377 6.4401
September 6.4313 6.2444 6.3471
October 6.3727 6.2736 6.3204
November 6.3048 6.1415 6.2437
December 6.3137 6.2114 6.2659