2016 ILS to MWK Historical Review

YEARLY HIGH

192.3625 MWK

YEARLY LOW

167.8386 MWK

YEARLY AVERAGE

185.0608 MWK

2016 ILS to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ILS to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 192.3625. Conversely, the yearly low was recorded on January 5, dropping to 167.8386.

This high-to-low spread represents a total annual volatility of 24.5239 MWK. From a start-to-finish perspective, comparing the January average rate of 174.6545 to the December average rate of 188.7346, the exchange rate registered a net change of 8.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 192.3625 was up 12.77% compared to the 2015 peak of 170.5860, 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 961,812 MWK

2015 Average 641,621 MWK

Yearly Trough Low 839,193 MWK

Transaction Impact: A difference of 122,619.42 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

192.6262

173.0207

JanuMarcMayJulySeptNove

ILS to MWK 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 181.8712, compared to 188.2505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3793 points.

H1 Avg (Jan–Jun) 181.8712

H2 Avg (Jul–Dec) 188.2505

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 17.1870 MWK (High: 185.0256 / Low: 167.8386). On the other end, September was the most stable month, with a tight range of 1.7918 MWK (High: 191.8381 / Low: 190.0463).

January Spread (Volatile) ±17.1870

September Spread (Stable) ±1.7918

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 8.3359 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -8.3359

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 189.3990) against the same month in 2015 (average: 115.4123), the exchange rate shifted by +73.9867 (+64.11%).

2016 Avg (February) 189.3990

2015 Avg (February) 115.4123

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	185.0256	167.8386	174.6545
February	192.3625	181.4225	189.3990
March	191.2897	175.6781	181.0630
April	184.1977	178.3937	180.5963
May	184.8228	180.2002	182.5711
June	185.6709	180.4344	182.9431
July	188.2744	182.6876	185.1452
August	191.1190	186.5580	189.2169
September	191.8381	190.0463	190.9924
October	191.4993	185.7761	188.1107
November	189.2120	185.3319	187.3031
December	190.6250	186.3559	188.7346