YEARLY HIGH
21.5615 MGA
YEARLY LOW
19.4714 MGA
YEARLY AVERAGE
20.5477 MGA

2020 LKR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LKR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 21.5615. Conversely, the yearly low was recorded on April 8, dropping to 19.4714.

This high-to-low spread represents a total annual volatility of 2.0901 MGA. From a start-to-finish perspective, comparing the January average rate of 20.2877 to the December average rate of 20.4010, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 21.5615 was up 2.98% compared to the 2019 peak of 20.9371, 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 107,807 MGA
2019 Average 101,688 MGA
Yearly Trough Low 97,357 MGA
Transaction Impact: A difference of 10,450.30 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

21.3990
19.5349
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 20.2366, compared to 20.8588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6222 points.

H1 Avg (Jan–Jun) 20.2366
H2 Avg (Jul–Dec) 20.8588

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 1.1250 MGA (High: 21.4842 / Low: 20.3591). On the other end, July was the most stable month, with a tight range of 0.3607 MGA (High: 20.8366 / Low: 20.4758).

November Spread (Volatile) ±1.1250
July Spread (Stable) ±0.3607

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.8098 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.8098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 21.2437) against the same month in 2019 (average: 20.3256), the exchange rate shifted by +0.9181 (+4.52%).

2020 Avg (October) 21.2437
2019 Avg (October) 20.3256

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.5379 19.9557 20.2877
February 20.5493 19.9801 20.3992
March 20.4734 19.7711 20.1448
April 19.9051 19.4714 19.6902
May 20.5923 19.9403 20.3194
June 20.7809 20.1820 20.5784
July 20.8366 20.4758 20.6879
August 20.9741 20.4490 20.7447
September 21.0575 20.6239 20.8648
October 21.5615 21.0779 21.2437
November 21.4842 20.3591 21.2107
December 20.9314 19.8661 20.4010