2020 LKR to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 LKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |