YEARLY HIGH
0.2321 ILS
YEARLY LOW
0.1997 ILS
YEARLY AVERAGE
0.2177 ILS

2022 MVR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MVR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.2321. Conversely, the yearly low was recorded on January 4, dropping to 0.1997.

This high-to-low spread represents a total annual volatility of 0.0324 ILS. From a start-to-finish perspective, comparing the January average rate of 0.2030 to the December average rate of 0.2248, the exchange rate registered a net change of 10.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2321 was up 7.10% compared to the 2021 peak of 0.2167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,161 ILS
2021 Average 1,047 ILS
Yearly Trough Low 999 ILS
Transaction Impact: A difference of 161.97 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2320
0.2004
JanuMarcMayJulySeptNove

MVR 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 0.2118, compared to 0.2236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 0.2118
H2 Avg (Jul–Dec) 0.2236

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0139 ILS (High: 0.2281 / Low: 0.2141). On the other end, October was the most stable month, with a tight range of 0.0051 ILS (High: 0.2319 / Low: 0.2268).

June Spread (Volatile) ±0.0139
October Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0105 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.2254) against the same month in 2021 (average: 0.2021), the exchange rate shifted by +0.0233 (+11.53%).

2022 Avg (November) 0.2254
2021 Avg (November) 0.2021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2073 0.1997 0.2030
February 0.2120 0.2052 0.2082
March 0.2137 0.2058 0.2099
April 0.2163 0.2071 0.2100
May 0.2240 0.2158 0.2187
June 0.2281 0.2141 0.2211
July 0.2301 0.2211 0.2247
August 0.2185 0.2106 0.2142
September 0.2305 0.2169 0.2232
October 0.2319 0.2268 0.2294
November 0.2321 0.2215 0.2254
December 0.2298 0.2207 0.2248