YEARLY HIGH
9.4535 MUR
YEARLY LOW
9.0687 MUR
YEARLY AVERAGE
9.2539 MUR

2016 ILS to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ILS to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 9.4535. Conversely, the yearly low was recorded on January 23, dropping to 9.0687.

This high-to-low spread represents a total annual volatility of 0.3848 MUR. From a start-to-finish perspective, comparing the January average rate of 9.1354 to the December average rate of 9.3778, the exchange rate registered a net change of 2.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 9.4535 was up 0.20% compared to the 2015 peak of 9.4344, 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 47,267 MUR
2015 Average 45,190 MUR
Yearly Trough Low 45,343 MUR
Transaction Impact: A difference of 1,923.98 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

9.4020
9.1111
JanuMarcMayJulySeptNove

ILS to MUR 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 9.2034, compared to 9.3044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1010 points.

H1 Avg (Jan–Jun) 9.2034
H2 Avg (Jul–Dec) 9.3044

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.2801 MUR (High: 9.3771 / Low: 9.0970). On the other end, September was the most stable month, with a tight range of 0.1408 MUR (High: 9.4455 / Low: 9.3047).

May Spread (Volatile) ±0.2801
September Spread (Stable) ±0.1408

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0817 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 9.3778) against the same month in 2015 (average: 9.3169), the exchange rate shifted by +0.0609 (+0.65%).

2016 Avg (December) 9.3778
2015 Avg (December) 9.3169

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.2248 9.0687 9.1354
February 9.2279 9.0712 9.1550
March 9.3758 9.1485 9.2079
April 9.3757 9.2170 9.3069
May 9.3771 9.0970 9.2252
June 9.2867 9.1167 9.1903
July 9.2946 9.0964 9.1848
August 9.3297 9.1533 9.2529
September 9.4455 9.3047 9.3743
October 9.4515 9.2386 9.3230
November 9.4375 9.1904 9.3137
December 9.4535 9.2732 9.3778