YEARLY HIGH
0.7148 CVE
YEARLY LOW
0.6557 CVE
YEARLY AVERAGE
0.6819 CVE

2016 LKR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LKR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.7148. Conversely, the yearly low was recorded on May 4, dropping to 0.6557.

This high-to-low spread represents a total annual volatility of 0.0591 CVE. From a start-to-finish perspective, comparing the January average rate of 0.7045 to the December average rate of 0.7015, the exchange rate registered a net change of -0.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7148 was down 8.87% compared to the 2015 peak of 0.7844, 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 3,574 CVE
2015 Average 3,654 CVE
Yearly Trough Low 3,279 CVE
Transaction Impact: A difference of 295.55 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7085
0.6605
JanuMarcMayJulySeptNove

LKR to CVE 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 0.6800, compared to 0.6839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.6800
H2 Avg (Jul–Dec) 0.6839

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0456 CVE (High: 0.7022 / Low: 0.6565). On the other end, January was the most stable month, with a tight range of 0.0093 CVE (High: 0.7107 / Low: 0.7014).

March Spread (Volatile) ±0.0456
January Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between September and December, 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 0.0150 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.7015) against the same month in 2015 (average: 0.7054), the exchange rate shifted by -0.0039 (-0.55%).

2016 Avg (December) 0.7015
2015 Avg (December) 0.7054

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7107 0.7014 0.7045
February 0.7049 0.6780 0.6896
March 0.7022 0.6565 0.6819
April 0.6735 0.6599 0.6679
May 0.6725 0.6557 0.6645
June 0.6802 0.6622 0.6713
July 0.6878 0.6764 0.6827
August 0.6841 0.6692 0.6757
September 0.6802 0.6701 0.6748
October 0.6888 0.6701 0.6794
November 0.7033 0.6707 0.6890
December 0.7148 0.6868 0.7015