YEARLY HIGH
20.9371 MGA
YEARLY LOW
13.4445 MGA
YEARLY AVERAGE
20.3364 MGA

2019 LKR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the LKR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 20.9371. Conversely, the yearly low was recorded on December 16, dropping to 13.4445.

This high-to-low spread represents a total annual volatility of 7.4926 MGA. From a start-to-finish perspective, comparing the January average rate of 19.5675 to the December average rate of 19.8949, the exchange rate registered a net change of 1.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 20.9371 was down 2.35% compared to the 2018 peak of 21.4420, 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 104,686 MGA
2018 Average 102,902 MGA
Yearly Trough Low 67,222 MGA
Transaction Impact: A difference of 37,463.18 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

20.8682
19.4493
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 20.2080, compared to 20.4649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2570 points.

H1 Avg (Jan–Jun) 20.2080
H2 Avg (Jul–Dec) 20.4649

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 6.9360 MGA (High: 20.3805 / Low: 13.4445). On the other end, June was the most stable month, with a tight range of 0.2967 MGA (High: 20.8406 / Low: 20.5439).

December Spread (Volatile) ±6.9360
June Spread (Stable) ±0.2967

Growth Streaks & Declines

Trends

Between January and April, 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 0.5563 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5563

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 20.7500) against the same month in 2018 (average: 20.6347), the exchange rate shifted by +0.1153 (+0.56%).

2019 Avg (August) 20.7500
2018 Avg (August) 20.6347

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.0451 19.0410 19.5675
February 20.2789 19.4973 19.8078
March 20.3907 19.5656 19.8811
April 20.8466 20.3725 20.6664
May 20.8688 20.4093 20.6620
June 20.8406 20.5439 20.6628
July 20.8044 20.4894 20.6649
August 20.9371 20.5911 20.7500
September 20.8645 20.5438 20.7029
October 20.6397 19.9982 20.3256
November 20.7703 19.9470 20.4512
December 20.3805 13.4445 19.8949