YEARLY HIGH
2.4206 MRO
YEARLY LOW
2.2956 MRO
YEARLY AVERAGE
2.3608 MRO

2017 LKR to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LKR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.4206. Conversely, the yearly low was recorded on November 15, dropping to 2.2956.

This high-to-low spread represents a total annual volatility of 0.1250 MRO. From a start-to-finish perspective, comparing the January average rate of 2.3915 to the December average rate of 2.3196, the exchange rate registered a net change of -3.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4206 was down 1.49% compared to the 2016 peak of 2.4573, 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 12,103 MRO
2016 Average 12,008 MRO
Yearly Trough Low 11,478 MRO
Transaction Impact: A difference of 625.05 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3995
2.3030
JanuMarcMayJulySeptNove

LKR to MRO 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 2.3709, compared to 2.3507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0202 points.

H1 Avg (Jan–Jun) 2.3709
H2 Avg (Jul–Dec) 2.3507

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0759 MRO (High: 2.3850 / Low: 2.3091). On the other end, May was the most stable month, with a tight range of 0.0176 MRO (High: 2.3708 / Low: 2.3532).

October Spread (Volatile) ±0.0759
May Spread (Stable) ±0.0176

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0404 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0404

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.3915) against the same month in 2016 (average: 2.3233), the exchange rate shifted by +0.0682 (+2.94%).

2017 Avg (January) 2.3915
2016 Avg (January) 2.3233

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4206 2.3748 2.3915
February 2.3938 2.3543 2.3774
March 2.3823 2.3542 2.3704
April 2.3793 2.3614 2.3670
May 2.3708 2.3532 2.3619
June 2.3754 2.3401 2.3570
July 2.3648 2.3423 2.3572
August 2.3967 2.3572 2.3781
September 2.3954 2.3638 2.3867
October 2.3850 2.3091 2.3514
November 2.3159 2.2956 2.3110
December 2.3372 2.3126 2.3196