YEARLY HIGH
0.2002 ISK
YEARLY LOW
0.1630 ISK
YEARLY AVERAGE
0.1819 ISK

2020 MWK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MWK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 0.2002. Conversely, the yearly low was recorded on December 5, dropping to 0.1630.

This high-to-low spread represents a total annual volatility of 0.0372 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1677 to the December average rate of 0.1661, the exchange rate registered a net change of -0.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2002 was up 14.32% compared to the 2019 peak of 0.1751, 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 1,001 ISK
2019 Average 835 ISK
Yearly Trough Low 815 ISK
Transaction Impact: A difference of 185.98 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1992
0.1631
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 0.1830, compared to 0.1808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1830
H2 Avg (Jul–Dec) 0.1808

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0204 ISK (High: 0.1921 / Low: 0.1718). On the other end, October was the most stable month, with a tight range of 0.0039 ISK (High: 0.1868 / Low: 0.1829).

March Spread (Volatile) ±0.0204
October Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0136 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.1962) against the same month in 2019 (average: 0.1655), the exchange rate shifted by +0.0307 (+18.56%).

2020 Avg (April) 0.1962
2019 Avg (April) 0.1655

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1698 0.1635 0.1677
February 0.1749 0.1670 0.1723
March 0.1921 0.1718 0.1831
April 0.2002 0.1929 0.1962
May 0.1997 0.1841 0.1948
June 0.1896 0.1775 0.1841
July 0.1917 0.1816 0.1877
August 0.1857 0.1811 0.1833
September 0.1884 0.1799 0.1838
October 0.1868 0.1829 0.1844
November 0.1869 0.1737 0.1797
December 0.1713 0.1630 0.1661