YEARLY HIGH
0.5673 CVE
YEARLY LOW
0.5270 CVE
YEARLY AVERAGE
0.5531 CVE

2019 LKR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the LKR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.5673. Conversely, the yearly low was recorded on January 10, dropping to 0.5270.

This high-to-low spread represents a total annual volatility of 0.0403 CVE. From a start-to-finish perspective, comparing the January average rate of 0.5323 to the December average rate of 0.5503, the exchange rate registered a net change of 3.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5673 was down 6.84% compared to the 2018 peak of 0.6089, 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 2,837 CVE
2018 Average 2,887 CVE
Yearly Trough Low 2,635 CVE
Transaction Impact: A difference of 201.62 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5664
0.5292
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 0.5511, compared to 0.5550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.5511
H2 Avg (Jul–Dec) 0.5550

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0216 CVE (High: 0.5618 / Low: 0.5403). On the other end, May was the most stable month, with a tight range of 0.0071 CVE (High: 0.5644 / Low: 0.5573).

March Spread (Volatile) ±0.0216
May Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0052 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.5633) against the same month in 2018 (average: 0.5774), the exchange rate shifted by -0.0141 (-2.43%).

2019 Avg (April) 0.5633
2018 Avg (April) 0.5774

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5420 0.5270 0.5323
February 0.5495 0.5399 0.5454
March 0.5618 0.5403 0.5491
April 0.5673 0.5596 0.5633
May 0.5644 0.5573 0.5608
June 0.5647 0.5507 0.5556
July 0.5645 0.5511 0.5592
August 0.5665 0.5517 0.5585
September 0.5601 0.5513 0.5551
October 0.5576 0.5457 0.5520
November 0.5595 0.5497 0.5551
December 0.5595 0.5437 0.5503