YEARLY HIGH
0.0596 ILS
YEARLY LOW
0.0499 ILS
YEARLY AVERAGE
0.0561 ILS

2017 MZN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 0.0596. Conversely, the yearly low was recorded on May 31, dropping to 0.0499.

This high-to-low spread represents a total annual volatility of 0.0098 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0539 to the December average rate of 0.0586, the exchange rate registered a net change of 8.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0596 was down 32.49% compared to the 2016 peak of 0.0883, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 298 ILS
2016 Average 318 ILS
Yearly Trough Low 249 ILS
Transaction Impact: A difference of 48.88 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0595
0.0522
JanuMarcMayJulySeptNove

MZN 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 0.0541, compared to 0.0581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0541
H2 Avg (Jul–Dec) 0.0581

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0096 ILS (High: 0.0595 / Low: 0.0499). On the other end, October was the most stable month, with a tight range of 0.0009 ILS (High: 0.0579 / Low: 0.0570).

June Spread (Volatile) ±0.0096
October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.0586) against the same month in 2016 (average: 0.0589), the exchange rate shifted by -0.0002 (-0.40%).

2017 Avg (July) 0.0586
2016 Avg (July) 0.0589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0544 0.0535 0.0539
February 0.0536 0.0521 0.0530
March 0.0534 0.0520 0.0528
April 0.0559 0.0530 0.0551
May 0.0564 0.0499 0.0531
June 0.0595 0.0499 0.0567
July 0.0596 0.0581 0.0586
August 0.0596 0.0583 0.0589
September 0.0587 0.0563 0.0574
October 0.0579 0.0570 0.0575
November 0.0584 0.0573 0.0578
December 0.0594 0.0571 0.0586