YEARLY HIGH
0.8765 JMD
YEARLY LOW
0.8168 JMD
YEARLY AVERAGE
0.8559 JMD

2016 LKR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LKR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 12, valuing the pair at 0.8765. Conversely, the yearly low was recorded on March 30, dropping to 0.8168.

This high-to-low spread represents a total annual volatility of 0.0597 JMD. From a start-to-finish perspective, comparing the January average rate of 0.8363 to the December average rate of 0.8642, the exchange rate registered a net change of 3.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8765 was down 0.07% compared to the 2015 peak of 0.8771, 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 4,383 JMD
2015 Average 4,296 JMD
Yearly Trough Low 4,084 JMD
Transaction Impact: A difference of 298.38 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8778
0.8313
JanuMarcMayJulySeptNove

LKR to JMD 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 0.8418, compared to 0.8699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0281 points.

H1 Avg (Jan–Jun) 0.8418
H2 Avg (Jul–Dec) 0.8699

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0256 JMD (High: 0.8666 / Low: 0.8410). On the other end, July was the most stable month, with a tight range of 0.0068 JMD (High: 0.8708 / Low: 0.8640).

June Spread (Volatile) ±0.0256
July Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0069 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 0.8739) against the same month in 2015 (average: 0.8488), the exchange rate shifted by +0.0251 (+2.96%).

2016 Avg (September) 0.8739
2015 Avg (September) 0.8488

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8399 0.8309 0.8363
February 0.8442 0.8365 0.8410
March 0.8415 0.8168 0.8352
April 0.8429 0.8289 0.8373
May 0.8496 0.8390 0.8443
June 0.8666 0.8410 0.8568
July 0.8708 0.8640 0.8671
August 0.8742 0.8654 0.8707
September 0.8765 0.8695 0.8739
October 0.8763 0.8691 0.8723
November 0.8749 0.8666 0.8711
December 0.8701 0.8594 0.8642