YEARLY HIGH
0.1617 ISK
YEARLY LOW
0.1343 ISK
YEARLY AVERAGE
0.1470 ISK

2017 MWK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MWK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.1617. Conversely, the yearly low was recorded on June 3, dropping to 0.1343.

This high-to-low spread represents a total annual volatility of 0.0274 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1576 to the December average rate of 0.1444, the exchange rate registered a net change of -8.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1617 was down 18.39% compared to the 2016 peak of 0.1982, 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 809 ISK
2016 Average 851 ISK
Yearly Trough Low 672 ISK
Transaction Impact: A difference of 137.01 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1595
0.1370
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 0.1491, compared to 0.1449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1491
H2 Avg (Jul–Dec) 0.1449

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0113 ISK (High: 0.1570 / Low: 0.1457). On the other end, October was the most stable month, with a tight range of 0.0023 ISK (High: 0.1467 / Low: 0.1445).

April Spread (Volatile) ±0.0113
October Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between June and September, 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 April and May, when the average rate fell by 0.0103 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1576) against the same month in 2016 (average: 0.1886), the exchange rate shifted by -0.0310 (-16.44%).

2017 Avg (January) 0.1576
2016 Avg (January) 0.1886

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1617 0.1543 0.1576
February 0.1583 0.1471 0.1537
March 0.1560 0.1464 0.1506
April 0.1570 0.1457 0.1519
May 0.1465 0.1362 0.1416
June 0.1450 0.1343 0.1389
July 0.1488 0.1404 0.1438
August 0.1498 0.1436 0.1459
September 0.1488 0.1440 0.1465
October 0.1467 0.1445 0.1453
November 0.1464 0.1416 0.1436
December 0.1463 0.1422 0.1444