YEARLY HIGH
20.0537 MZN
YEARLY LOW
16.7665 MZN
YEARLY AVERAGE
17.8607 MZN

2017 ILS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ILS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 20.0537. Conversely, the yearly low was recorded on July 10, dropping to 16.7665.

This high-to-low spread represents a total annual volatility of 3.2872 MZN. From a start-to-finish perspective, comparing the January average rate of 18.5381 to the December average rate of 17.0668, the exchange rate registered a net change of -7.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 20.0537 was down 3.98% compared to the 2016 peak of 20.8843, 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 100,268 MZN
2016 Average 81,709 MZN
Yearly Trough Low 83,832 MZN
Transaction Impact: A difference of 16,435.96 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

19.1338
16.7780
JanuMarcMayJulySeptNove

ILS to MZN 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 18.5177, compared to 17.2038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3139 points.

H1 Avg (Jan–Jun) 18.5177
H2 Avg (Jul–Dec) 17.2038

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 3.2462 MZN (High: 20.0432 / Low: 16.7970). On the other end, October was the most stable month, with a tight range of 0.2790 MZN (High: 17.5378 / Low: 17.2588).

June Spread (Volatile) ±3.2462
October Spread (Stable) ±0.2790

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 May and June, when the average rate fell by 1.1778 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1778

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 18.8945) against the same month in 2016 (average: 14.3841), the exchange rate shifted by +4.5103 (+31.36%).

2017 Avg (May) 18.8945
2016 Avg (May) 14.3841

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.7028 18.3834 18.5381
February 19.2004 18.6689 18.8761
March 19.2405 18.7242 18.9375
April 18.8666 17.8901 18.1434
May 20.0537 17.7315 18.8945
June 20.0432 16.7970 17.7167
July 17.2214 16.7665 17.0577
August 17.1442 16.7810 16.9743
September 17.7518 17.0304 17.4298
October 17.5378 17.2588 17.3924
November 17.4595 17.1213 17.3018
December 17.5014 16.8457 17.0668