YEARLY HIGH
0.0642 ILS
YEARLY LOW
0.0553 ILS
YEARLY AVERAGE
0.0597 ILS

2018 MZN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 0.0642. Conversely, the yearly low was recorded on March 14, dropping to 0.0553.

This high-to-low spread represents a total annual volatility of 0.0089 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0579 to the December average rate of 0.0615, the exchange rate registered a net change of 6.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0642 was up 7.68% compared to the 2017 peak of 0.0596, 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 321 ILS
2017 Average 281 ILS
Yearly Trough Low 277 ILS
Transaction Impact: A difference of 44.47 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0631
0.0554
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 0.0583, compared to 0.0611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0583
H2 Avg (Jul–Dec) 0.0611

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0040 ILS (High: 0.0642 / Low: 0.0602). On the other end, December was the most stable month, with a tight range of 0.0012 ILS (High: 0.0620 / Low: 0.0608).

August Spread (Volatile) ±0.0040
December Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0030 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0624) against the same month in 2017 (average: 0.0589), the exchange rate shifted by +0.0035 (+5.97%).

2018 Avg (August) 0.0624
2017 Avg (August) 0.0589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0589 0.0568 0.0579
February 0.0583 0.0564 0.0574
March 0.0572 0.0553 0.0560
April 0.0602 0.0573 0.0583
May 0.0608 0.0587 0.0596
June 0.0614 0.0596 0.0605
July 0.0632 0.0606 0.0617
August 0.0642 0.0602 0.0624
September 0.0603 0.0587 0.0594
October 0.0614 0.0598 0.0604
November 0.0618 0.0600 0.0609
December 0.0620 0.0608 0.0615