YEARLY HIGH
1.3872 CVE
YEARLY LOW
0.4763 CVE
YEARLY AVERAGE
0.5262 CVE

2020 LKR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LKR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 1.3872. Conversely, the yearly low was recorded on December 23, dropping to 0.4763.

This high-to-low spread represents a total annual volatility of 0.9109 CVE. From a start-to-finish perspective, comparing the January average rate of 0.5493 to the December average rate of 0.4858, the exchange rate registered a net change of -11.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.3872 was up 144.52% compared to the 2019 peak of 0.5673, 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 6,936 CVE
2019 Average 2,765 CVE
Yearly Trough Low 2,382 CVE
Transaction Impact: A difference of 4,554.35 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5783
0.4774
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 0.5465, compared to 0.5059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0407 points.

H1 Avg (Jan–Jun) 0.5465
H2 Avg (Jul–Dec) 0.5059

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.8563 CVE (High: 1.3872 / Low: 0.5309). On the other end, October was the most stable month, with a tight range of 0.0077 CVE (High: 0.5136 / Low: 0.5059).

March Spread (Volatile) ±0.8563
October Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0385 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.5699) against the same month in 2019 (average: 0.5491), the exchange rate shifted by +0.0208 (+3.79%).

2020 Avg (March) 0.5699
2019 Avg (March) 0.5491

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5544 0.5411 0.5493
February 0.5640 0.5521 0.5586
March 1.3872 0.5309 0.5699
April 0.5378 0.5251 0.5314
May 0.5503 0.5285 0.5407
June 0.5347 0.5262 0.5292
July 0.5401 0.5054 0.5212
August 0.5132 0.4973 0.5048
September 0.5140 0.4984 0.5072
October 0.5136 0.5059 0.5103
November 0.5151 0.4964 0.5059
December 0.4941 0.4763 0.4858