YEARLY HIGH
0.0134 FJD
YEARLY LOW
0.0117 FJD
YEARLY AVERAGE
0.0128 FJD

2018 LKR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the LKR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0134. Conversely, the yearly low was recorded on December 31, dropping to 0.0117.

This high-to-low spread represents a total annual volatility of 0.0017 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0131 to the December average rate of 0.0118, the exchange rate registered a net change of -10.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0134 was down 6.10% compared to the 2017 peak of 0.0142, 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 67 FJD
2017 Average 68 FJD
Yearly Trough Low 58 FJD
Transaction Impact: A difference of 8.40 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0133
0.0116
JanuMarcMayJulySeptNove

LKR to FJD 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 0.0131, compared to 0.0126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0131
H2 Avg (Jul–Dec) 0.0126

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0007 FJD (High: 0.0124 / Low: 0.0117). On the other end, December was the most stable month, with a tight range of 0.0001 FJD (High: 0.0118 / Low: 0.0117).

November Spread (Volatile) ±0.0007
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0131) against the same month in 2017 (average: 0.0139), the exchange rate shifted by -0.0007 (-5.37%).

2018 Avg (January) 0.0131
2017 Avg (January) 0.0139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0134 0.0129 0.0131
February 0.0132 0.0129 0.0130
March 0.0131 0.0129 0.0130
April 0.0132 0.0130 0.0131
May 0.0133 0.0130 0.0132
June 0.0133 0.0130 0.0131
July 0.0133 0.0130 0.0132
August 0.0133 0.0130 0.0132
September 0.0132 0.0125 0.0129
October 0.0127 0.0123 0.0125
November 0.0124 0.0117 0.0120
December 0.0118 0.0117 0.0118