2021 LKR to MGA Historical Review

YEARLY HIGH

21.1176 MGA

YEARLY LOW

18.7549 MGA

YEARLY AVERAGE

19.4226 MGA

2021 LKR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LKR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 21.1176. Conversely, the yearly low was recorded on April 13, dropping to 18.7549.

This high-to-low spread represents a total annual volatility of 2.3627 MGA. From a start-to-finish perspective, comparing the January average rate of 19.8960 to the December average rate of 19.5957, the exchange rate registered a net change of -1.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.1176 was down 2.06% compared to the 2020 peak of 21.5615, 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 105,588 MGA

2020 Average 102,741 MGA

Yearly Trough Low 93,775 MGA

Transaction Impact: A difference of 11,813.49 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

19.9808

18.9631

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 19.2730, compared to 19.5722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2992 points.

H1 Avg (Jan–Jun) 19.2730

H2 Avg (Jul–Dec) 19.5722

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 2.0389 MGA (High: 21.1176 / Low: 19.0787). On the other end, November was the most stable month, with a tight range of 0.1260 MGA (High: 19.7508 / Low: 19.6248).

January Spread (Volatile) ±2.0389

November Spread (Stable) ±0.1260

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5583 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5583

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 19.8960) against the same month in 2020 (average: 20.2877), the exchange rate shifted by -0.3917 (-1.93%).

2021 Avg (January) 19.8960

2020 Avg (January) 20.2877

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.1176	19.0787	19.8960
February	19.5889	19.0247	19.3377
March	19.3448	18.9544	19.1244
April	19.6846	18.7549	19.1742
May	19.2268	18.8186	19.0579
June	19.4983	18.8850	19.0479
July	19.6743	18.8953	19.2732
August	19.6622	18.9997	19.4982
September	19.8795	19.4868	19.6709
October	19.7988	19.5600	19.7032
November	19.7508	19.6248	19.6921
December	19.7361	19.2836	19.5957