YEARLY HIGH
0.1673 ISK
YEARLY LOW
0.1269 ISK
YEARLY AVERAGE
0.1462 ISK

2022 MWK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MWK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.1673. Conversely, the yearly low was recorded on June 8, dropping to 0.1269.

This high-to-low spread represents a total annual volatility of 0.0404 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1581 to the December average rate of 0.1388, the exchange rate registered a net change of -12.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1673 was down 1.04% compared to the 2021 peak of 0.1690, 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 836 ISK
2021 Average 794 ISK
Yearly Trough Low 634 ISK
Transaction Impact: A difference of 201.92 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1634
0.1303
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 0.1546, compared to 0.1378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0168 points.

H1 Avg (Jan–Jun) 0.1546
H2 Avg (Jul–Dec) 0.1378

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0316 ISK (High: 0.1585 / Low: 0.1269). On the other end, December was the most stable month, with a tight range of 0.0032 ISK (High: 0.1406 / Low: 0.1374).

June Spread (Volatile) ±0.0316
December Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between July and November, 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 0.0258 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.1606) against the same month in 2021 (average: 0.1627), the exchange rate shifted by -0.0020 (-1.25%).

2022 Avg (March) 0.1606
2021 Avg (March) 0.1627

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1605 0.1563 0.1581
February 0.1577 0.1527 0.1552
March 0.1673 0.1557 0.1606
April 0.1611 0.1562 0.1587
May 0.1648 0.1558 0.1604
June 0.1585 0.1269 0.1346
July 0.1352 0.1301 0.1330
August 0.1386 0.1317 0.1353
September 0.1417 0.1352 0.1384
October 0.1424 0.1379 0.1405
November 0.1454 0.1371 0.1406
December 0.1406 0.1374 0.1388