YEARLY HIGH
0.5838 AFN
YEARLY LOW
0.3850 AFN
YEARLY AVERAGE
0.4201 AFN

2021 LKR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LKR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.5838. Conversely, the yearly low was recorded on April 12, dropping to 0.3850.

This high-to-low spread represents a total annual volatility of 0.1988 AFN. From a start-to-finish perspective, comparing the January average rate of 0.4039 to the December average rate of 0.5034, the exchange rate registered a net change of 24.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5838 was up 35.67% compared to the 2020 peak of 0.4303, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,919 AFN
2020 Average 2,073 AFN
Yearly Trough Low 1,925 AFN
Transaction Impact: A difference of 993.93 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5145
0.3815
JanuMarcMayJulySeptNove

LKR to AFN 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 0.3963, compared to 0.4439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0476 points.

H1 Avg (Jan–Jun) 0.3963
H2 Avg (Jul–Dec) 0.4439

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1097 AFN (High: 0.5838 / Low: 0.4741). On the other end, June was the most stable month, with a tight range of 0.0054 AFN (High: 0.3995 / Low: 0.3940).

December Spread (Volatile) ±0.1097
June Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0065 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5034) against the same month in 2020 (average: 0.4118), the exchange rate shifted by +0.0916 (+22.25%).

2021 Avg (December) 0.5034
2020 Avg (December) 0.4118

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4167 0.3900 0.4039
February 0.4030 0.3917 0.3974
March 0.3979 0.3873 0.3926
April 0.4039 0.3850 0.3932
May 0.3990 0.3914 0.3942
June 0.3995 0.3940 0.3965
July 0.4116 0.3980 0.4016
August 0.4325 0.4000 0.4167
September 0.4453 0.4239 0.4340
October 0.4536 0.4424 0.4487
November 0.4745 0.4470 0.4590
December 0.5838 0.4741 0.5034