YEARLY HIGH
209.8286 IRR
YEARLY LOW
112.2060 IRR
YEARLY AVERAGE
137.5577 IRR

2022 LKR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LKR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 209.8286. Conversely, the yearly low was recorded on December 17, dropping to 112.2060.

This high-to-low spread represents a total annual volatility of 97.6226 IRR. From a start-to-finish perspective, comparing the January average rate of 208.6544 to the December average rate of 113.7517, the exchange rate registered a net change of -45.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 209.8286 was down 7.46% compared to the 2021 peak of 226.7503, 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 1,049,143 IRR
2021 Average 1,062,702 IRR
Yearly Trough Low 561,030 IRR
Transaction Impact: A difference of 488,113.16 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

218.2110
104.2554
JanuMarcMayJulySeptNove

LKR to IRR 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 158.8302, compared to 116.2852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 42.5450 points.

H1 Avg (Jan–Jun) 158.8302
H2 Avg (Jul–Dec) 116.2852

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 66.6639 IRR (High: 209.4779 / Low: 142.8140). On the other end, January was the most stable month, with a tight range of 1.4895 IRR (High: 209.5829 / Low: 208.0935).

March Spread (Volatile) ±66.6639
January Spread (Stable) ±1.4895

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 40.1629 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -40.1629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 208.7147) against the same month in 2021 (average: 216.4046), the exchange rate shifted by -7.6899 (-3.55%).

2022 Avg (February) 208.7147
2021 Avg (February) 216.4046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 209.5829 208.0935 208.6544
February 209.8286 207.8089 208.7147
March 209.4779 142.8140 168.5518
April 143.6406 119.0555 131.0156
May 121.3751 116.1421 118.3359
June 121.0025 116.7040 117.7087
July 119.3354 116.6242 117.8673
August 119.3997 115.8022 117.3307
September 119.1844 114.7811 117.2222
October 117.9949 115.2304 115.9880
November 117.5569 114.8399 115.5515
December 115.1691 112.2060 113.7517