2018 ILS to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ILS to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ILS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 989.5810. Conversely, the yearly low was recorded on February 17, dropping to 883.2701.
This high-to-low spread represents a total annual volatility of 106.3109 MGA. From a start-to-finish perspective, comparing the January average rate of 947.8832 to the December average rate of 946.1414, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 989.5810 was up 5.45% compared to the 2017 peak of 938.4341, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 918.8466, compared to 940.3727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.5261 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 64.9467 MGA (High: 989.5810 / Low: 924.6343). On the other end, January was the most stable month, with a tight range of 25.2096 MGA (High: 960.3762 / Low: 935.1665).
Growth Streaks & Declines
TrendsBetween August and November, 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 January and February, when the average rate fell by 41.8808 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 946.1414) against the same month in 2017 (average: 921.7861), the exchange rate shifted by +24.3553 (+2.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 960.3762 | 935.1665 | 947.8832 |
| February | 938.3446 | 883.2701 | 906.0024 |
| March | 921.3901 | 889.0730 | 908.9179 |
| April | 922.9488 | 891.6797 | 909.0296 |
| May | 932.3783 | 892.2490 | 908.3157 |
| June | 952.0459 | 906.6877 | 932.9311 |
| July | 934.8403 | 895.8646 | 917.8840 |
| August | 924.8609 | 887.0469 | 902.6695 |
| September | 960.6259 | 924.4983 | 947.1322 |
| October | 972.9782 | 944.8874 | 957.3004 |
| November | 983.1921 | 952.3578 | 971.1089 |
| December | 989.5810 | 924.6343 | 946.1414 |