YEARLY HIGH
22.7126 MGA
YEARLY LOW
20.1506 MGA
YEARLY AVERAGE
21.7422 MGA

2016 LKR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LKR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 22.7126. Conversely, the yearly low was recorded on July 30, dropping to 20.1506.

This high-to-low spread represents a total annual volatility of 2.5620 MGA. From a start-to-finish perspective, comparing the January average rate of 22.2919 to the December average rate of 22.3560, the exchange rate registered a net change of 0.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 22.7126 was down 10.82% compared to the 2015 peak of 25.4693, 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 113,563 MGA
2015 Average 114,062 MGA
Yearly Trough Low 100,753 MGA
Transaction Impact: A difference of 12,810.16 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

22.5175
20.5794
JanuMarcMayJulySeptNove

LKR to MGA 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 22.0511, compared to 21.4333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6179 points.

H1 Avg (Jan–Jun) 22.0511
H2 Avg (Jul–Dec) 21.4333

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 1.9345 MGA (High: 22.0850 / Low: 20.1506). On the other end, January was the most stable month, with a tight range of 0.1422 MGA (High: 22.3811 / Low: 22.2389).

July Spread (Volatile) ±1.9345
January Spread (Stable) ±0.1422

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.2140 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.2140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 22.3560) against the same month in 2015 (average: 22.3764), the exchange rate shifted by -0.0204 (-0.09%).

2016 Avg (December) 22.3560
2015 Avg (December) 22.3764

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.3811 22.2389 22.2919
February 22.3047 21.8579 22.1020
March 22.2507 21.5106 22.0358
April 22.0536 21.6758 21.8563
May 22.0200 21.4953 21.7043
June 22.6512 21.9990 22.3165
July 22.0850 20.1506 21.1025
August 20.9459 20.2268 20.7409
September 21.1825 20.8107 20.9212
October 21.8856 21.1789 21.6102
November 22.3840 21.2717 21.8687
December 22.7126 22.1478 22.3560