2022 LKR to MGA Historical Review

YEARLY HIGH

19.8461 MGA

YEARLY LOW

11.0365 MGA

YEARLY AVERAGE

13.3670 MGA

2022 LKR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LKR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 19.8461. Conversely, the yearly low was recorded on May 17, dropping to 11.0365.

This high-to-low spread represents a total annual volatility of 8.8096 MGA. From a start-to-finish perspective, comparing the January average rate of 19.6496 to the December average rate of 12.0547, the exchange rate registered a net change of -38.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 19.8461 was down 6.02% compared to the 2021 peak of 21.1176, 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 99,231 MGA

2021 Average 97,118 MGA

Yearly Trough Low 55,183 MGA

Transaction Impact: A difference of 44,048.03 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

20.5419

10.3823

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 15.0514, compared to 11.6826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3688 points.

H1 Avg (Jan–Jun) 15.0514

H2 Avg (Jul–Dec) 11.6826

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 6.2534 MGA (High: 19.8461 / Low: 13.5927). On the other end, February was the most stable month, with a tight range of 0.1924 MGA (High: 19.8035 / Low: 19.6112).

March Spread (Volatile) ±6.2534

February Spread (Stable) ±0.1924

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 3.6698 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.6698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 16.0255) against the same month in 2021 (average: 19.1244), the exchange rate shifted by -3.0989 (-16.20%).

2022 Avg (March) 16.0255

2021 Avg (March) 19.1244

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.8131	19.4847	19.6496
February	19.8035	19.6112	19.6952
March	19.8461	13.5927	16.0255
April	13.6271	11.3338	12.4477
May	11.5271	11.0365	11.2290
June	11.6299	11.0782	11.2617
July	11.8669	11.2290	11.5310
August	11.8455	11.2701	11.5738
September	11.8012	11.4305	11.5711
October	11.7926	11.4686	11.6190
November	11.8637	11.6538	11.7462
December	12.2823	11.8374	12.0547