YEARLY HIGH
0.6089 CVE
YEARLY LOW
0.5275 CVE
YEARLY AVERAGE
0.5775 CVE

2018 LKR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the LKR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.6089. Conversely, the yearly low was recorded on December 31, dropping to 0.5275.

This high-to-low spread represents a total annual volatility of 0.0814 CVE. From a start-to-finish perspective, comparing the January average rate of 0.5905 to the December average rate of 0.5388, the exchange rate registered a net change of -8.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6089 was down 14.39% compared to the 2017 peak of 0.7113, 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 3,045 CVE
2017 Average 3,217 CVE
Yearly Trough Low 2,638 CVE
Transaction Impact: A difference of 407.02 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6034
0.5329
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 0.5851, compared to 0.5698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.5851
H2 Avg (Jul–Dec) 0.5698

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0331 CVE (High: 0.5893 / Low: 0.5562). On the other end, October was the most stable month, with a tight range of 0.0098 CVE (High: 0.5667 / Low: 0.5569).

September Spread (Volatile) ±0.0331
October Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between March and June, 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 August and September, when the average rate fell by 0.0230 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0230

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.5975) against the same month in 2017 (average: 0.6122), the exchange rate shifted by -0.0147 (-2.40%).

2018 Avg (August) 0.5975
2017 Avg (August) 0.6122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6040 0.5762 0.5905
February 0.5856 0.5703 0.5789
March 0.5851 0.5693 0.5765
April 0.5819 0.5716 0.5774
May 0.6034 0.5816 0.5916
June 0.6040 0.5843 0.5960
July 0.6017 0.5900 0.5939
August 0.6089 0.5852 0.5975
September 0.5893 0.5562 0.5745
October 0.5667 0.5569 0.5623
November 0.5646 0.5379 0.5516
December 0.5458 0.5275 0.5388