YEARLY HIGH
0.0089 LKR
YEARLY LOW
0.0048 LKR
YEARLY AVERAGE
0.0077 LKR

2022 IRR to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IRR to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0089. Conversely, the yearly low was recorded on February 27, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0041 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0048 to the December average rate of 0.0088, the exchange rate registered a net change of 83.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0089 was up 85.12% compared to the 2021 peak of 0.0048, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45 LKR
2021 Average 24 LKR
Yearly Trough Low 24 LKR
Transaction Impact: A difference of 20.73 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0092
0.0044
JanuMarcMayJulySeptNove

IRR 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 0.0067, compared to 0.0086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0067
H2 Avg (Jul–Dec) 0.0086

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0022 LKR (High: 0.0070 / Low: 0.0048). On the other end, January was the most stable month, with a tight range of 0.0000 LKR (High: 0.0048 / Low: 0.0048).

March Spread (Volatile) ±0.0022
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and December, 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 June and July, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0088) against the same month in 2021 (average: 0.0048), the exchange rate shifted by +0.0040 (+83.52%).

2022 Avg (December) 0.0088
2021 Avg (December) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0048 0.0048 0.0048
February 0.0048 0.0048 0.0048
March 0.0070 0.0048 0.0060
April 0.0084 0.0070 0.0077
May 0.0086 0.0082 0.0085
June 0.0086 0.0083 0.0085
July 0.0086 0.0084 0.0085
August 0.0086 0.0084 0.0085
September 0.0087 0.0084 0.0085
October 0.0087 0.0085 0.0086
November 0.0087 0.0085 0.0087
December 0.0089 0.0087 0.0088