YEARLY HIGH
0.1103 ILS
YEARLY LOW
0.1058 ILS
YEARLY AVERAGE
0.1081 ILS

2016 MUR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.1103. Conversely, the yearly low was recorded on December 7, dropping to 0.1058.

This high-to-low spread represents a total annual volatility of 0.0045 ILS. From a start-to-finish perspective, comparing the January average rate of 0.1095 to the December average rate of 0.1066, the exchange rate registered a net change of -2.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1103 was down 11.16% compared to the 2015 peak of 0.1241, 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 551 ILS
2015 Average 554 ILS
Yearly Trough Low 529 ILS
Transaction Impact: A difference of 22.44 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1098
0.1064
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: Jan–Jun) was 0.1087, compared to 0.1075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1087
H2 Avg (Jul–Dec) 0.1075

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0033 ILS (High: 0.1099 / Low: 0.1066). On the other end, September was the most stable month, with a tight range of 0.0016 ILS (High: 0.1075 / Low: 0.1059).

May Spread (Volatile) ±0.0033
September Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between April and July, 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 August and September, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1095) against the same month in 2015 (average: 0.1223), the exchange rate shifted by -0.0128 (-10.48%).

2016 Avg (January) 0.1095
2015 Avg (January) 0.1223

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1103 0.1084 0.1095
February 0.1102 0.1084 0.1092
March 0.1093 0.1067 0.1086
April 0.1085 0.1067 0.1074
May 0.1099 0.1066 0.1084
June 0.1097 0.1077 0.1088
July 0.1099 0.1076 0.1089
August 0.1092 0.1072 0.1081
September 0.1075 0.1059 0.1067
October 0.1082 0.1058 0.1073
November 0.1088 0.1060 0.1074
December 0.1078 0.1058 0.1066