YEARLY HIGH
0.5043 CVE
YEARLY LOW
0.2821 CVE
YEARLY AVERAGE
0.3387 CVE

2022 LKR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LKR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.5043. Conversely, the yearly low was recorded on December 17, dropping to 0.2821.

This high-to-low spread represents a total annual volatility of 0.2222 CVE. From a start-to-finish perspective, comparing the January average rate of 0.4824 to the December average rate of 0.2845, the exchange rate registered a net change of -41.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5043 was up 3.25% compared to the 2021 peak of 0.4884, 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 2,521 CVE
2021 Average 2,359 CVE
Yearly Trough Low 1,411 CVE
Transaction Impact: A difference of 1,110.86 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5022
0.2647
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 0.3774, compared to 0.2999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0775 points.

H1 Avg (Jan–Jun) 0.3774
H2 Avg (Jul–Dec) 0.2999

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.1678 CVE (High: 0.5043 / Low: 0.3364). On the other end, December was the most stable month, with a tight range of 0.0065 CVE (High: 0.2886 / Low: 0.2821).

March Spread (Volatile) ±0.1678
December Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between June and October, 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 March and April, when the average rate fell by 0.0852 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0852

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.4009) against the same month in 2021 (average: 0.4718), the exchange rate shifted by -0.0709 (-15.03%).

2022 Avg (March) 0.4009
2021 Avg (March) 0.4718

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4920 0.4755 0.4824
February 0.4918 0.4756 0.4821
March 0.5043 0.3364 0.4009
April 0.3421 0.2922 0.3157
May 0.3044 0.2833 0.2926
June 0.3042 0.2855 0.2909
July 0.3062 0.2911 0.2994
August 0.3114 0.2952 0.3029
September 0.3195 0.2959 0.3078
October 0.3196 0.3028 0.3088
November 0.3094 0.2869 0.2962
December 0.2886 0.2821 0.2845