YEARLY HIGH
0.0836 ILS
YEARLY LOW
0.0706 ILS
YEARLY AVERAGE
0.0778 ILS

2021 MUR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0836. Conversely, the yearly low was recorded on December 27, dropping to 0.0706.

This high-to-low spread represents a total annual volatility of 0.0130 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0818 to the December average rate of 0.0719, the exchange rate registered a net change of -12.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0836 was down 14.70% compared to the 2020 peak of 0.0980, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MUR based on timing:

Yearly Peak High 418 ILS
2020 Average 439 ILS
Yearly Trough Low 353 ILS
Transaction Impact: A difference of 65.16 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0837
0.0709
JanuMarcMayJulySeptNove

MUR to ILS 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: JanтАУJun) was 0.0813, compared to 0.0744 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0069 points.

H1 Avg (JanтАУJun) 0.0813
H2 Avg (JulтАУDec) 0.0744

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0045 ILS (High: 0.0803 / Low: 0.0758). On the other end, September was the most stable month, with a tight range of 0.0015 ILS (High: 0.0760 / Low: 0.0745).

June Spread (Volatile) ┬▒0.0045
September Spread (Stable) ┬▒0.0015

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 June and July, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0826) against the same month in 2020 (average: 0.0934), the exchange rate shifted by -0.0108 (-11.59%).

2021 Avg (March) 0.0826
2020 Avg (March) 0.0934

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.0830 0.0792 0.0818
February 0.0832 0.0807 0.0824
March 0.0836 0.0817 0.0826
April 0.0825 0.0796 0.0811
May 0.0814 0.0787 0.0804
June 0.0803 0.0758 0.0794
July 0.0774 0.0752 0.0764
August 0.0764 0.0744 0.0756
September 0.0760 0.0745 0.0754
October 0.0762 0.0733 0.0750
November 0.0741 0.0710 0.0721
December 0.0737 0.0706 0.0719