YEARLY HIGH
392.5428 MMK
YEARLY LOW
349.5539 MMK
YEARLY AVERAGE
378.6469 MMK

2017 ILS to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ILS to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 392.5428. Conversely, the yearly low was recorded on January 4, dropping to 349.5539.

This high-to-low spread represents a total annual volatility of 42.9889 MMK. From a start-to-finish perspective, comparing the January average rate of 355.6212 to the December average rate of 388.0722, the exchange rate registered a net change of 9.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 392.5428 was up 8.05% compared to the 2016 peak of 363.2975, 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 1,962,714 MMK
2016 Average 1,609,286 MMK
Yearly Trough Low 1,747,769 MMK
Transaction Impact: A difference of 214,944.75 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

391.3173
352.3761
JanuMarcMayJulySeptNove

ILS to MMK 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 372.5775, compared to 384.7164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.1390 points.

H1 Avg (Jan–Jun) 372.5775
H2 Avg (Jul–Dec) 384.7164

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 15.2694 MMK (High: 375.3408 / Low: 360.0713). On the other end, October was the most stable month, with a tight range of 8.6697 MMK (High: 392.0875 / Low: 383.4178).

February Spread (Volatile) ±15.2694
October Spread (Stable) ±8.6697

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 6.2597 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.2597

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 388.0722) against the same month in 2016 (average: 352.2305), the exchange rate shifted by +35.8418 (+10.18%).

2017 Avg (December) 388.0722
2016 Avg (December) 352.2305

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 362.5227 349.5539 355.6212
February 375.3408 360.0713 367.5918
March 379.0464 365.7174 374.0027
April 377.9923 367.9358 372.8108
May 386.6525 373.8967 379.6664
June 392.5154 381.6230 385.7719
July 391.0266 379.0872 383.9764
August 383.8141 373.6576 377.7167
September 390.6335 378.2675 385.5169
October 392.0875 383.4178 387.8384
November 391.0981 380.9834 385.1779
December 392.5428 383.1282 388.0722