YEARLY HIGH
0.4884 CVE
YEARLY LOW
0.4532 CVE
YEARLY AVERAGE
0.4718 CVE

2021 LKR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LKR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.4884. Conversely, the yearly low was recorded on May 25, dropping to 0.4532.

This high-to-low spread represents a total annual volatility of 0.0352 CVE. From a start-to-finish perspective, comparing the January average rate of 0.4752 to the December average rate of 0.4840, the exchange rate registered a net change of 1.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4884 was down 64.79% compared to the 2020 peak of 1.3872, 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 2,442 CVE
2020 Average 2,631 CVE
Yearly Trough Low 2,266 CVE
Transaction Impact: A difference of 175.91 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4862
0.4601
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 0.4687, compared to 0.4748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.4687
H2 Avg (Jul–Dec) 0.4748

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0264 CVE (High: 0.4864 / Low: 0.4600). On the other end, July was the most stable month, with a tight range of 0.0064 CVE (High: 0.4734 / Low: 0.4671).

January Spread (Volatile) ±0.0264
July Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0065 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.4796) against the same month in 2020 (average: 0.5059), the exchange rate shifted by -0.0263 (-5.20%).

2021 Avg (November) 0.4796
2020 Avg (November) 0.5059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4864 0.4600 0.4752
February 0.4781 0.4632 0.4706
March 0.4755 0.4674 0.4718
April 0.4802 0.4595 0.4687
May 0.4688 0.4532 0.4623
June 0.4814 0.4573 0.4636
July 0.4734 0.4671 0.4703
August 0.4750 0.4669 0.4700
September 0.4778 0.4622 0.4701
October 0.4791 0.4687 0.4750
November 0.4884 0.4725 0.4796
December 0.4870 0.4805 0.4840