YEARLY HIGH
9.9098 MUR
YEARLY LOW
9.0650 MUR
YEARLY AVERAGE
9.5937 MUR

2017 ILS to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ILS to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 9.9098. Conversely, the yearly low was recorded on August 6, dropping to 9.0650.

This high-to-low spread represents a total annual volatility of 0.8448 MUR. From a start-to-finish perspective, comparing the January average rate of 9.4023 to the December average rate of 9.6583, the exchange rate registered a net change of 2.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 9.9098 was up 4.83% compared to the 2016 peak of 9.4535, 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 49,549 MUR
2016 Average 46,270 MUR
Yearly Trough Low 45,325 MUR
Transaction Impact: A difference of 4,224.02 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

9.9016
9.1377
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 9.6390, compared to 9.5483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0907 points.

H1 Avg (Jan–Jun) 9.6390
H2 Avg (Jul–Dec) 9.5483

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.5201 MUR (High: 9.8805 / Low: 9.3604). On the other end, June was the most stable month, with a tight range of 0.1300 MUR (High: 9.9098 / Low: 9.7798).

July Spread (Volatile) ±0.5201
June Spread (Stable) ±0.1300

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 0.4145 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 9.8380) against the same month in 2016 (average: 9.1903), the exchange rate shifted by +0.6477 (+7.05%).

2017 Avg (June) 9.8380
2016 Avg (June) 9.1903

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.4532 9.3135 9.4023
February 9.7312 9.4077 9.5407
March 9.7888 9.5932 9.6912
April 9.7298 9.5724 9.6519
May 9.8312 9.5874 9.7101
June 9.9098 9.7798 9.8380
July 9.8805 9.3604 9.6159
August 9.2986 9.0650 9.2014
September 9.6168 9.2185 9.4372
October 9.7621 9.5960 9.6874
November 9.8186 9.5464 9.6897
December 9.7470 9.5363 9.6583