YEARLY HIGH
2.2065 LKR
YEARLY LOW
2.0475 LKR
YEARLY AVERAGE
2.1202 LKR

2021 CVE to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 2.2065. Conversely, the yearly low was recorded on November 25, dropping to 2.0475.

This high-to-low spread represents a total annual volatility of 0.1589 LKR. From a start-to-finish perspective, comparing the January average rate of 2.1048 to the December average rate of 2.0660, the exchange rate registered a net change of -1.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2065 was up 5.10% compared to the 2020 peak of 2.0994, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,032 LKR
2020 Average 9,546 LKR
Yearly Trough Low 10,238 LKR
Transaction Impact: A difference of 794.74 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1731
2.0562
JanuMarcMayJulySeptNove

CVE to LKR 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 2.1340, compared to 2.1063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0277 points.

H1 Avg (Jan–Jun) 2.1340
H2 Avg (Jul–Dec) 2.1063

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.1182 LKR (High: 2.1741 / Low: 2.0560). On the other end, December was the most stable month, with a tight range of 0.0279 LKR (High: 2.0812 / Low: 2.0534).

January Spread (Volatile) ±0.1182
December Spread (Stable) ±0.0279

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0312 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 2.1634) against the same month in 2020 (average: 1.8495), the exchange rate shifted by +0.3139 (+16.97%).

2021 Avg (May) 2.1634
2020 Avg (May) 1.8495

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1741 2.0560 2.1048
February 2.1587 2.0914 2.1250
March 2.1395 2.1032 2.1197
April 2.1761 2.0825 2.1338
May 2.2065 2.1331 2.1634
June 2.1867 2.0772 2.1575
July 2.1409 2.1122 2.1263
August 2.1420 2.1054 2.1276
September 2.1635 2.0928 2.1274
October 2.1336 2.0874 2.1053
November 2.1164 2.0475 2.0853
December 2.0812 2.0534 2.0660