YEARLY HIGH
0.7840 JMD
YEARLY LOW
0.6933 JMD
YEARLY AVERAGE
0.7476 JMD

2019 LKR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the LKR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.7840. Conversely, the yearly low was recorded on January 2, dropping to 0.6933.

This high-to-low spread represents a total annual volatility of 0.0907 JMD. From a start-to-finish perspective, comparing the January average rate of 0.7150 to the December average rate of 0.7558, the exchange rate registered a net change of 5.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7840 was down 8.03% compared to the 2018 peak of 0.8524, 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 3,920 JMD
2018 Average 3,974 JMD
Yearly Trough Low 3,467 JMD
Transaction Impact: A difference of 453.28 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7840
0.7013
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 0.7367, compared to 0.7585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0218 points.

H1 Avg (Jan–Jun) 0.7367
H2 Avg (Jul–Dec) 0.7585

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0547 JMD (High: 0.7481 / Low: 0.6933). On the other end, August was the most stable month, with a tight range of 0.0177 JMD (High: 0.7692 / Low: 0.7516).

January Spread (Volatile) ±0.0547
August Spread (Stable) ±0.0177

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0405 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0405

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.7771) against the same month in 2018 (average: 0.7183), the exchange rate shifted by +0.0588 (+8.19%).

2019 Avg (November) 0.7771
2018 Avg (November) 0.7183

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7481 0.6933 0.7150
February 0.7680 0.7175 0.7486
March 0.7199 0.6972 0.7082
April 0.7628 0.7186 0.7414
May 0.7760 0.7573 0.7643
June 0.7701 0.7304 0.7426
July 0.7734 0.7419 0.7586
August 0.7692 0.7516 0.7594
September 0.7615 0.7386 0.7511
October 0.7632 0.7362 0.7489
November 0.7840 0.7648 0.7771
December 0.7784 0.7257 0.7558