YEARLY HIGH
0.1103 ILS
YEARLY LOW
0.1009 ILS
YEARLY AVERAGE
0.1043 ILS

2017 MUR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MUR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.1103. Conversely, the yearly low was recorded on June 17, dropping to 0.1009.

This high-to-low spread represents a total annual volatility of 0.0094 ILS. From a start-to-finish perspective, comparing the January average rate of 0.1064 to the December average rate of 0.1035, the exchange rate registered a net change of -2.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1103 was up 0.04% compared to the 2016 peak of 0.1103, 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 552 ILS
2016 Average 540 ILS
Yearly Trough Low 505 ILS
Transaction Impact: A difference of 47.02 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1094
0.1009
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 0.1038, compared to 0.1048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1038
H2 Avg (Jul–Dec) 0.1048

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0056 ILS (High: 0.1068 / Low: 0.1012). On the other end, June was the most stable month, with a tight range of 0.0013 ILS (High: 0.1023 / Low: 0.1009).

July Spread (Volatile) ±0.0056
June Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.1087) against the same month in 2016 (average: 0.1081), the exchange rate shifted by +0.0006 (+0.56%).

2017 Avg (August) 0.1087
2016 Avg (August) 0.1081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1074 0.1058 0.1064
February 0.1063 0.1028 0.1048
March 0.1042 0.1022 0.1032
April 0.1045 0.1028 0.1036
May 0.1043 0.1017 0.1030
June 0.1023 0.1009 0.1016
July 0.1068 0.1012 0.1040
August 0.1103 0.1075 0.1087
September 0.1085 0.1040 0.1060
October 0.1042 0.1024 0.1032
November 0.1048 0.1018 0.1032
December 0.1049 0.1026 0.1035