YEARLY HIGH
22.5957 MGA
YEARLY LOW
18.8776 MGA
YEARLY AVERAGE
20.4897 MGA

2017 LKR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LKR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 22.5957. Conversely, the yearly low was recorded on July 25, dropping to 18.8776.

This high-to-low spread represents a total annual volatility of 3.7181 MGA. From a start-to-finish perspective, comparing the January average rate of 21.8851 to the December average rate of 21.0624, the exchange rate registered a net change of -3.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 22.5957 was down 0.51% compared to the 2016 peak of 22.7126, 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 112,978 MGA
2016 Average 108,701 MGA
Yearly Trough Low 94,388 MGA
Transaction Impact: A difference of 18,590.33 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

22.1446
19.0314
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 20.9759, compared to 20.0035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9724 points.

H1 Avg (Jan–Jun) 20.9759
H2 Avg (Jul–Dec) 20.0035

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 1.3829 MGA (High: 21.0905 / Low: 19.7076). On the other end, November was the most stable month, with a tight range of 0.4038 MGA (High: 20.9670 / Low: 20.5631).

June Spread (Volatile) ±1.3829
November Spread (Stable) ±0.4038

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.2046 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.2046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 21.8851) against the same month in 2016 (average: 22.2919), the exchange rate shifted by -0.4068 (-1.82%).

2017 Avg (January) 21.8851
2016 Avg (January) 22.2919

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.5957 21.2589 21.8851
February 21.4662 20.2036 20.8730
March 21.6309 20.2872 21.0270
April 21.5644 20.8014 21.0409
May 21.0454 20.0838 20.5340
June 21.0905 19.7076 20.4954
July 20.0302 18.8776 19.2908
August 19.5602 19.0593 19.3965
September 19.7801 19.2820 19.5226
October 20.5717 19.7402 20.0479
November 20.9670 20.5631 20.7007
December 21.2937 20.7091 21.0624