YEARLY HIGH
0.1982 ISK
YEARLY LOW
0.1520 ISK
YEARLY AVERAGE
0.1702 ISK

2016 MWK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MWK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1982. Conversely, the yearly low was recorded on December 6, dropping to 0.1520.

This high-to-low spread represents a total annual volatility of 0.0462 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1886 to the December average rate of 0.1557, the exchange rate registered a net change of -17.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1982 was down 37.33% compared to the 2015 peak of 0.3163, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MWK based on timing:

Yearly Peak High 991 ISK
2015 Average 1,346 ISK
Yearly Trough Low 760 ISK
Transaction Impact: A difference of 230.85 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1919
0.1524
JanuMarcMayJulySeptNove

MWK to ISK 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 0.1795, compared to 0.1609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0186 points.

H1 Avg (Jan–Jun) 0.1795
H2 Avg (Jul–Dec) 0.1609

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0206 ISK (High: 0.1982 / Low: 0.1776). On the other end, September was the most stable month, with a tight range of 0.0028 ISK (High: 0.1615 / Low: 0.1587).

January Spread (Volatile) ±0.0206
September Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0155 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1886) against the same month in 2015 (average: 0.2845), the exchange rate shifted by -0.0959 (-33.71%).

2016 Avg (January) 0.1886
2015 Avg (January) 0.2845

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1982 0.1776 0.1886
February 0.1799 0.1696 0.1731
March 0.1852 0.1744 0.1810
April 0.1852 0.1782 0.1819
May 0.1800 0.1760 0.1776
June 0.1789 0.1709 0.1747
July 0.1737 0.1670 0.1709
August 0.1680 0.1616 0.1644
September 0.1615 0.1587 0.1597
October 0.1600 0.1569 0.1589
November 0.1578 0.1541 0.1561
December 0.1588 0.1520 0.1557