ikw is a substitute for the phrase "ikr" or "i know right." Ikw stands for "i know wright," and is a fun way to reference the quirks and nuances of the english language with there being an abundance of homophones, allowing words and phrases to be pronounced the same way but spelled completely differently. It is also cool if you know anyone with the last name wright.
Erin: what is the point of putting a w in wright if it is pronounced the same as without the w?
Jessica: ikw!
Ikran is an amazing straight A girl has so much friends but is only close to one of them she is generous and too nice for her own good always forgiving and giving charity