YEARLY HIGH
0.2125 ETB
YEARLY LOW
0.1687 ETB
YEARLY AVERAGE
0.1885 ETB

2020 LKR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LKR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2125. Conversely, the yearly low was recorded on April 7, dropping to 0.1687.

This high-to-low spread represents a total annual volatility of 0.0438 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1767 to the December average rate of 0.2068, the exchange rate registered a net change of 17.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2125 was up 20.54% compared to the 2019 peak of 0.1763, 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 1,062 ETB
2019 Average 818 ETB
Yearly Trough Low 843 ETB
Transaction Impact: A difference of 218.81 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2102
0.1690
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 0.1779, compared to 0.1990 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0211 points.

H1 Avg (Jan–Jun) 0.1779
H2 Avg (Jul–Dec) 0.1990

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0085 ETB (High: 0.1838 / Low: 0.1753). On the other end, January was the most stable month, with a tight range of 0.0017 ETB (High: 0.1777 / Low: 0.1760).

May Spread (Volatile) ±0.0085
January Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0040 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2068) against the same month in 2019 (average: 0.1737), the exchange rate shifted by +0.0331 (+19.03%).

2020 Avg (December) 0.2068
2019 Avg (December) 0.1737

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1777 0.1760 0.1767
February 0.1788 0.1745 0.1768
March 0.1787 0.1739 0.1765
April 0.1746 0.1687 0.1725
May 0.1838 0.1753 0.1800
June 0.1882 0.1825 0.1850
July 0.1900 0.1869 0.1893
August 0.1956 0.1884 0.1933
September 0.1992 0.1947 0.1980
October 0.2067 0.1988 0.2018
November 0.2065 0.2008 0.2048
December 0.2125 0.2052 0.2068