YEARLY HIGH
0.7925 JMD
YEARLY LOW
0.7281 JMD
YEARLY AVERAGE
0.7593 JMD

2021 LKR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LKR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.7925. Conversely, the yearly low was recorded on April 8, dropping to 0.7281.

This high-to-low spread represents a total annual volatility of 0.0644 JMD. From a start-to-finish perspective, comparing the January average rate of 0.7531 to the December average rate of 0.7625, the exchange rate registered a net change of 1.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7925 was down 3.18% compared to the 2020 peak of 0.8186, 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 3,963 JMD
2020 Average 3,828 JMD
Yearly Trough Low 3,641 JMD
Transaction Impact: A difference of 322.05 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7737
0.7448
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 0.7574, compared to 0.7612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.7574
H2 Avg (Jul–Dec) 0.7612

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0644 JMD (High: 0.7925 / Low: 0.7281). On the other end, November was the most stable month, with a tight range of 0.0071 JMD (High: 0.7725 / Low: 0.7653).

April Spread (Volatile) ±0.0644
November Spread (Stable) ±0.0071

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 August and September, when the average rate fell by 0.0234 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.7568) against the same month in 2020 (average: 0.7177), the exchange rate shifted by +0.0392 (+5.46%).

2021 Avg (April) 0.7568
2020 Avg (April) 0.7177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7719 0.7343 0.7531
February 0.7825 0.7563 0.7699
March 0.7752 0.7299 0.7472
April 0.7925 0.7281 0.7568
May 0.7810 0.7467 0.7638
June 0.7597 0.7492 0.7537
July 0.7809 0.7477 0.7673
August 0.7773 0.7589 0.7713
September 0.7592 0.7367 0.7479
October 0.7658 0.7326 0.7485
November 0.7725 0.7653 0.7694
December 0.7697 0.7561 0.7625