YEARLY HIGH
0.0980 ILS
YEARLY LOW
0.0809 ILS
YEARLY AVERAGE
0.0878 ILS

2020 MUR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MUR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0980. Conversely, the yearly low was recorded on December 31, dropping to 0.0809.

This high-to-low spread represents a total annual volatility of 0.0171 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0946 to the December average rate of 0.0819, the exchange rate registered a net change of -13.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0980 was down 10.29% compared to the 2019 peak of 0.1093, 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 490 ILS
2019 Average 501 ILS
Yearly Trough Low 405 ILS
Transaction Impact: A difference of 85.54 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0958
0.0807
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 0.0908, compared to 0.0848 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.0908
H2 Avg (Jul–Dec) 0.0848

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0079 ILS (High: 0.0980 / Low: 0.0901). On the other end, May was the most stable month, with a tight range of 0.0017 ILS (High: 0.0888 / Low: 0.0871).

March Spread (Volatile) ±0.0079
May Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0035 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0934) against the same month in 2019 (average: 0.1043), the exchange rate shifted by -0.0109 (-10.44%).

2020 Avg (March) 0.0934
2019 Avg (March) 0.1043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0953 0.0935 0.0946
February 0.0938 0.0908 0.0923
March 0.0980 0.0901 0.0934
April 0.0926 0.0872 0.0900
May 0.0888 0.0871 0.0881
June 0.0878 0.0852 0.0864
July 0.0870 0.0848 0.0859
August 0.0861 0.0844 0.0856
September 0.0872 0.0846 0.0860
October 0.0861 0.0841 0.0851
November 0.0854 0.0829 0.0842
December 0.0827 0.0809 0.0819