YEARLY HIGH
0.1751 ISK
YEARLY LOW
0.1488 ISK
YEARLY AVERAGE
0.1669 ISK

2019 MWK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MWK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 0.1751. Conversely, the yearly low was recorded on January 2, dropping to 0.1488.

This high-to-low spread represents a total annual volatility of 0.0263 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1637 to the December average rate of 0.1663, the exchange rate registered a net change of 1.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1751 was up 1.60% compared to the 2018 peak of 0.1723, 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 875 ISK
2018 Average 742 ISK
Yearly Trough Low 744 ISK
Transaction Impact: A difference of 131.32 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1724
0.1629
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 0.1656, compared to 0.1683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1656
H2 Avg (Jul–Dec) 0.1683

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0180 ISK (High: 0.1668 / Low: 0.1488). On the other end, October was the most stable month, with a tight range of 0.0029 ISK (High: 0.1714 / Low: 0.1684).

January Spread (Volatile) ±0.0180
October Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0045 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.1716) against the same month in 2018 (average: 0.1519), the exchange rate shifted by +0.0197 (+12.98%).

2019 Avg (September) 0.1716
2018 Avg (September) 0.1519

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1668 0.1488 0.1637
February 0.1664 0.1629 0.1645
March 0.1697 0.1610 0.1651
April 0.1698 0.1631 0.1655
May 0.1728 0.1652 0.1696
June 0.1718 0.1564 0.1651
July 0.1672 0.1604 0.1646
August 0.1738 0.1640 0.1689
September 0.1751 0.1676 0.1716
October 0.1714 0.1684 0.1700
November 0.1707 0.1657 0.1684
December 0.1697 0.1643 0.1663