YEARLY HIGH
3.1939 CRC
YEARLY LOW
1.5880 CRC
YEARLY AVERAGE
2.0988 CRC

2022 LKR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LKR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 3.1939. Conversely, the yearly low was recorded on December 13, dropping to 1.5880.

This high-to-low spread represents a total annual volatility of 1.6059 CRC. From a start-to-finish perspective, comparing the January average rate of 3.1542 to the December average rate of 1.6077, the exchange rate registered a net change of -49.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.1939 was down 3.07% compared to the 2021 peak of 3.2950, 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 15,969 CRC
2021 Average 15,660 CRC
Yearly Trough Low 7,940 CRC
Transaction Impact: A difference of 8,029.45 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.3239
1.4517
JanuMarcMayJulySeptNove

LKR to CRC 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 2.4524, compared to 1.7453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7072 points.

H1 Avg (Jan–Jun) 2.4524
H2 Avg (Jul–Dec) 1.7453

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.9798 CRC (High: 3.1939 / Low: 2.2141). On the other end, February was the most stable month, with a tight range of 0.0335 CRC (High: 3.1855 / Low: 3.1520).

March Spread (Volatile) ±0.9798
February Spread (Stable) ±0.0335

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5886 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.5886

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 2.5793) against the same month in 2021 (average: 3.1000), the exchange rate shifted by -0.5207 (-16.80%).

2022 Avg (March) 2.5793
2021 Avg (March) 3.1000

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.1813 3.1252 3.1542
February 3.1855 3.1520 3.1678
March 3.1939 2.2141 2.5793
April 2.2505 1.8640 2.0351
May 1.9226 1.8346 1.8714
June 1.9558 1.8737 1.9068
July 1.9248 1.8625 1.8936
August 1.8734 1.7285 1.8239
September 1.8349 1.7054 1.7731
October 1.7388 1.6798 1.7081
November 1.7047 1.6194 1.6651
December 1.6406 1.5880 1.6077