YEARLY HIGH
938.4341 MGA
YEARLY LOW
805.0884 MGA
YEARLY AVERAGE
868.4516 MGA

2017 ILS to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ILS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 938.4341. Conversely, the yearly low was recorded on August 16, dropping to 805.0884.

This high-to-low spread represents a total annual volatility of 133.3457 MGA. From a start-to-finish perspective, comparing the January average rate of 859.9291 to the December average rate of 921.7861, the exchange rate registered a net change of 7.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 938.4341 was up 6.34% compared to the 2016 peak of 882.4831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ILS based on timing:

Yearly Peak High 4,692,171 MGA
2016 Average 4,138,713 MGA
Yearly Trough Low 4,025,442 MGA
Transaction Impact: A difference of 666,728.55 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

931.6106
813.7161
JanuMarcMayJulySeptNove

ILS to MGA 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 869.2106, compared to 867.6926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5180 points.

H1 Avg (Jan–Jun) 869.2106
H2 Avg (Jul–Dec) 867.6926

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 76.5626 MGA (High: 907.6518 / Low: 831.0892). On the other end, February was the most stable month, with a tight range of 18.2740 MGA (High: 857.6515 / Low: 839.3775).

March Spread (Volatile) ±76.5626
February Spread (Stable) ±18.2740

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 53.4935 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -53.4935

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 921.7861) against the same month in 2016 (average: 870.1807), the exchange rate shifted by +51.6054 (+5.93%).

2017 Avg (December) 921.7861
2016 Avg (December) 870.1807

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 877.3238 844.9796 859.9291
February 857.6515 839.3775 846.4937
March 907.6518 831.0892 872.4057
April 897.5422 866.8908 877.5391
May 890.0961 848.4163 871.5710
June 914.3800 865.5040 887.3250
July 878.6600 810.5241 833.8315
August 838.4872 805.0884 823.5407
September 865.2277 829.7329 846.5266
October 895.9460 856.9732 876.7926
November 919.8831 888.1535 903.6779
December 938.4341 899.2420 921.7861