YEARLY HIGH
5.0135 MVR
YEARLY LOW
4.6138 MVR
YEARLY AVERAGE
4.7766 MVR

2021 ILS to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 5.0135. Conversely, the yearly low was recorded on March 8, dropping to 4.6138.

This high-to-low spread represents a total annual volatility of 0.3997 MVR. From a start-to-finish perspective, comparing the January average rate of 4.7674 to the December average rate of 4.9280, the exchange rate registered a net change of 3.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.0135 was up 4.58% compared to the 2020 peak of 4.7941, 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 25,068 MVR
2020 Average 22,443 MVR
Yearly Trough Low 23,069 MVR
Transaction Impact: A difference of 1,998.68 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.9769
4.6255
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 4.7194, compared to 4.8339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1145 points.

H1 Avg (Jan–Jun) 4.7194
H2 Avg (Jul–Dec) 4.8339

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.2312 MVR (High: 4.9229 / Low: 4.6917). On the other end, September was the most stable month, with a tight range of 0.0415 MVR (High: 4.8301 / Low: 4.7886).

January Spread (Volatile) ±0.2312
September Spread (Stable) ±0.0415

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.0619 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 4.9476) against the same month in 2020 (average: 4.5862), the exchange rate shifted by +0.3614 (+7.88%).

2021 Avg (November) 4.9476
2020 Avg (November) 4.5862

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.9229 4.6917 4.7674
February 4.7534 4.6501 4.7055
March 4.6928 4.6138 4.6548
April 4.7827 4.6341 4.7112
May 4.7645 4.6857 4.7304
June 4.7808 4.7078 4.7470
July 4.7879 4.6701 4.7104
August 4.8218 4.7590 4.7924
September 4.8301 4.7886 4.8154
October 4.8929 4.7659 4.8096
November 5.0135 4.8502 4.9476
December 4.9931 4.8748 4.9280