YEARLY HIGH
0.8524 JMD
YEARLY LOW
0.6963 JMD
YEARLY AVERAGE
0.7950 JMD

2018 LKR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the LKR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.8524. Conversely, the yearly low was recorded on December 31, dropping to 0.6963.

This high-to-low spread represents a total annual volatility of 0.1561 JMD. From a start-to-finish perspective, comparing the January average rate of 0.8077 to the December average rate of 0.7089, the exchange rate registered a net change of -12.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8524 was down 1.85% compared to the 2017 peak of 0.8685, 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 4,262 JMD
2017 Average 4,208 JMD
Yearly Trough Low 3,482 JMD
Transaction Impact: A difference of 780.68 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8595
0.6952
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 0.8078, compared to 0.7821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0257 points.

H1 Avg (Jan–Jun) 0.8078
H2 Avg (Jul–Dec) 0.7821

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0595 JMD (High: 0.7938 / Low: 0.7342). On the other end, January was the most stable month, with a tight range of 0.0108 JMD (High: 0.8118 / Low: 0.8010).

October Spread (Volatile) ±0.0595
January Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between May and August, 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 0.0536 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.8458) against the same month in 2017 (average: 0.8356), the exchange rate shifted by +0.0102 (+1.23%).

2018 Avg (August) 0.8458
2017 Avg (August) 0.8356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8118 0.8010 0.8077
February 0.8194 0.8067 0.8118
March 0.8239 0.8075 0.8172
April 0.8110 0.7898 0.7988
May 0.8038 0.7896 0.7954
June 0.8285 0.8013 0.8159
July 0.8361 0.8144 0.8224
August 0.8524 0.8372 0.8458
September 0.8500 0.7938 0.8255
October 0.7938 0.7342 0.7719
November 0.7443 0.6981 0.7183
December 0.7147 0.6963 0.7089