YEARLY HIGH
0.2174 MUR
YEARLY LOW
0.1997 MUR
YEARLY AVERAGE
0.2096 MUR

2021 LKR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LKR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 0.2174. Conversely, the yearly low was recorded on January 25, dropping to 0.1997.

This high-to-low spread represents a total annual volatility of 0.0177 MUR. From a start-to-finish perspective, comparing the January average rate of 0.2065 to the December average rate of 0.2151, the exchange rate registered a net change of 4.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2174 was down 0.55% compared to the 2020 peak of 0.2186, 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 1,087 MUR
2020 Average 1,058 MUR
Yearly Trough Low 999 MUR
Transaction Impact: A difference of 88.50 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2163
0.2023
JanuMarcMayJulySeptNove

LKR to MUR 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 0.2051, compared to 0.2141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.2051
H2 Avg (Jul–Dec) 0.2141

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0135 MUR (High: 0.2132 / Low: 0.1997). On the other end, March was the most stable month, with a tight range of 0.0025 MUR (High: 0.2050 / Low: 0.2025).

January Spread (Volatile) ±0.0135
March Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between March and July, 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 0.0021 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.2144) against the same month in 2020 (average: 0.2159), the exchange rate shifted by -0.0015 (-0.70%).

2021 Avg (November) 0.2144
2020 Avg (November) 0.2159

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2132 0.1997 0.2065
February 0.2066 0.2017 0.2043
March 0.2050 0.2025 0.2035
April 0.2105 0.2001 0.2046
May 0.2088 0.2026 0.2055
June 0.2160 0.2046 0.2065
July 0.2169 0.2129 0.2149
August 0.2160 0.2122 0.2137
September 0.2158 0.2109 0.2130
October 0.2157 0.2123 0.2133
November 0.2174 0.2123 0.2144
December 0.2171 0.2119 0.2151