YEARLY HIGH
21.4420 MGA
YEARLY LOW
19.0164 MGA
YEARLY AVERAGE
20.5807 MGA

2018 LKR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the LKR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 21.4420. Conversely, the yearly low was recorded on December 29, dropping to 19.0164.

This high-to-low spread represents a total annual volatility of 2.4256 MGA. From a start-to-finish perspective, comparing the January average rate of 21.0882 to the December average rate of 19.6929, the exchange rate registered a net change of -6.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 21.4420 was down 5.11% compared to the 2017 peak of 22.5957, 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 107,210 MGA
2017 Average 102,435 MGA
Yearly Trough Low 95,082 MGA
Transaction Impact: A difference of 12,128.22 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

21.2953
19.5472
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 20.6947, compared to 20.4666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2282 points.

H1 Avg (Jan–Jun) 20.6947
H2 Avg (Jul–Dec) 20.4666

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 1.5115 MGA (High: 20.5279 / Low: 19.0164). On the other end, August was the most stable month, with a tight range of 0.2608 MGA (High: 20.8058 / Low: 20.5450).

December Spread (Volatile) ±1.5115
August Spread (Stable) ±0.2608

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 0.7260 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 21.1496) against the same month in 2017 (average: 20.4954), the exchange rate shifted by +0.6542 (+3.19%).

2018 Avg (June) 21.1496
2017 Avg (June) 20.4954

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.2866 20.8510 21.0882
February 20.9403 20.1407 20.4664
March 20.6566 19.8030 20.2386
April 20.9242 20.3485 20.5874
May 21.0611 20.4236 20.6383
June 21.4420 20.8906 21.1496
July 21.3887 20.5525 20.9954
August 20.8058 20.5450 20.6347
September 21.1084 20.0423 20.6113
October 20.8294 20.1881 20.4462
November 20.6584 20.1456 20.4189
December 20.5279 19.0164 19.6929