YEARLY HIGH
4.0890 MVR
YEARLY LOW
3.8434 MVR
YEARLY AVERAGE
3.9773 MVR

2016 ILS to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ILS to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 4.0890. Conversely, the yearly low was recorded on January 24, dropping to 3.8434.

This high-to-low spread represents a total annual volatility of 0.2456 MVR. From a start-to-finish perspective, comparing the January average rate of 3.8775 to the December average rate of 3.9976, the exchange rate registered a net change of 3.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 4.0890 was up 0.36% compared to the 2015 peak of 4.0744, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20,445 MVR
2015 Average 19,679 MVR
Yearly Trough Low 19,217 MVR
Transaction Impact: A difference of 1,228.22 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4.0716
3.8599
JanuMarcMayJulySeptNove

ILS to MVR 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 3.9599, compared to 3.9947 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0348 points.

H1 Avg (Jan–Jun) 3.9599
H2 Avg (Jul–Dec) 3.9947

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.1689 MVR (High: 4.0629 / Low: 3.8939). On the other end, September was the most stable month, with a tight range of 0.0395 MVR (High: 4.0730 / Low: 4.0335).

March Spread (Volatile) ±0.1689
September Spread (Stable) ±0.0395

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.0552 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0552

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 4.0107) against the same month in 2015 (average: 3.9529), the exchange rate shifted by +0.0579 (+1.46%).

2016 Avg (May) 4.0107
2015 Avg (May) 3.9529

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.9450 3.8434 3.8775
February 3.9599 3.8677 3.9178
March 4.0629 3.8939 3.9499
April 4.0889 3.9840 4.0444
May 4.0890 3.9287 4.0107
June 4.0007 3.8958 3.9591
July 4.0036 3.8979 3.9392
August 4.0431 3.9337 4.0006
September 4.0730 4.0335 4.0539
October 4.0721 3.9513 3.9988
November 4.0251 3.9444 3.9780
December 4.0320 3.9580 3.9976