YEARLY HIGH
0.1763 ETB
YEARLY LOW
0.1537 ETB
YEARLY AVERAGE
0.1635 ETB

2019 LKR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the LKR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1763. Conversely, the yearly low was recorded on January 1, dropping to 0.1537.

This high-to-low spread represents a total annual volatility of 0.0225 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1559 to the December average rate of 0.1737, the exchange rate registered a net change of 11.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1763 was down 2.32% compared to the 2018 peak of 0.1804, 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 881 ETB
2018 Average 853 ETB
Yearly Trough Low 769 ETB
Transaction Impact: A difference of 112.74 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1755
0.1541
JanuMarcMayJulySeptNove

LKR to ETB 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 0.1614, compared to 0.1656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.1614
H2 Avg (Jul–Dec) 0.1656

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0084 ETB (High: 0.1763 / Low: 0.1678). On the other end, September was the most stable month, with a tight range of 0.0019 ETB (High: 0.1635 / Low: 0.1616).

December Spread (Volatile) ±0.0084
September Spread (Stable) ±0.0019

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 August and September, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.1737) against the same month in 2018 (average: 0.1563), the exchange rate shifted by +0.0174 (+11.12%).

2019 Avg (December) 0.1737
2018 Avg (December) 0.1563

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1584 0.1537 0.1559
February 0.1614 0.1579 0.1595
March 0.1631 0.1578 0.1602
April 0.1656 0.1628 0.1647
May 0.1651 0.1618 0.1638
June 0.1652 0.1624 0.1640
July 0.1656 0.1626 0.1646
August 0.1652 0.1623 0.1641
September 0.1635 0.1616 0.1626
October 0.1642 0.1607 0.1630
November 0.1695 0.1633 0.1658
December 0.1763 0.1678 0.1737