YEARLY HIGH
0.1723 ISK
YEARLY LOW
0.1332 ISK
YEARLY AVERAGE
0.1483 ISK

2018 MWK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MWK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.1723. Conversely, the yearly low was recorded on June 13, dropping to 0.1332.

This high-to-low spread represents a total annual volatility of 0.0391 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1417 to the December average rate of 0.1611, the exchange rate registered a net change of 13.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1723 was up 6.54% compared to the 2017 peak of 0.1617, 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 862 ISK
2017 Average 735 ISK
Yearly Trough Low 666 ISK
Transaction Impact: A difference of 195.68 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1723
0.1340
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 0.1403, compared to 0.1563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.1403
H2 Avg (Jul–Dec) 0.1563

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0198 ISK (High: 0.1694 / Low: 0.1496). On the other end, February was the most stable month, with a tight range of 0.0036 ISK (High: 0.1411 / Low: 0.1376).

December Spread (Volatile) ±0.0198
February Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.0080 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.1691) against the same month in 2017 (average: 0.1436), the exchange rate shifted by +0.0256 (+17.80%).

2018 Avg (November) 0.1691
2017 Avg (November) 0.1436

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1449 0.1383 0.1417
February 0.1411 0.1376 0.1392
March 0.1390 0.1350 0.1372
April 0.1400 0.1356 0.1373
May 0.1479 0.1358 0.1440
June 0.1508 0.1332 0.1424
July 0.1481 0.1439 0.1466
August 0.1507 0.1464 0.1481
September 0.1559 0.1480 0.1519
October 0.1673 0.1538 0.1611
November 0.1723 0.1659 0.1691
December 0.1694 0.1496 0.1611