YEARLY HIGH
4.5419 MVR
YEARLY LOW
4.0896 MVR
YEARLY AVERAGE
4.2992 MVR

2018 ILS to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ILS to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 4.5419. Conversely, the yearly low was recorded on December 26, dropping to 4.0896.

This high-to-low spread represents a total annual volatility of 0.4523 MVR. From a start-to-finish perspective, comparing the January average rate of 4.5028 to the December average rate of 4.1172, the exchange rate registered a net change of -8.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 4.5419 was up 2.09% compared to the 2017 peak of 4.4489, 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 22,710 MVR
2017 Average 21,469 MVR
Yearly Trough Low 20,448 MVR
Transaction Impact: A difference of 2,261.56 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.5413
4.0787
JanuMarcMayJulySeptNove

ILS to MVR 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 4.3903, compared to 4.2082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1821 points.

H1 Avg (Jan–Jun) 4.3903
H2 Avg (Jul–Dec) 4.2082

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.1443 MVR (High: 4.3564 / Low: 4.2121). On the other end, December was the most stable month, with a tight range of 0.0623 MVR (High: 4.1519 / Low: 4.0896).

June Spread (Volatile) ±0.1443
December Spread (Stable) ±0.0623

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0969 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0969

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 4.5028) against the same month in 2017 (average: 4.0279), the exchange rate shifted by +0.4749 (+11.79%).

2018 Avg (January) 4.5028
2017 Avg (January) 4.0279

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.5419 4.4308 4.5028
February 4.4920 4.3599 4.4129
March 4.5051 4.3937 4.4575
April 4.4137 4.2941 4.3606
May 4.3577 4.2600 4.3216
June 4.3564 4.2121 4.2863
July 4.2795 4.2013 4.2353
August 4.2854 4.1414 4.2123
September 4.3204 4.2306 4.2936
October 4.2525 4.1501 4.2191
November 4.2165 4.1352 4.1716
December 4.1519 4.0896 4.1172