YEARLY HIGH
0.1071 MVR
YEARLY LOW
0.1020 MVR
YEARLY AVERAGE
0.1045 MVR

2016 LKR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LKR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.1071. Conversely, the yearly low was recorded on December 28, dropping to 0.1020.

This high-to-low spread represents a total annual volatility of 0.0051 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1063 to the December average rate of 0.1027, the exchange rate registered a net change of -3.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1071 was down 8.30% compared to the 2015 peak of 0.1167, 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 535 MVR
2015 Average 563 MVR
Yearly Trough Low 510 MVR
Transaction Impact: A difference of 25.29 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1066
0.1023
JanuMarcMayJulySeptNove

LKR to MVR 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 0.1051, compared to 0.1038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.1051
H2 Avg (Jul–Dec) 0.1038

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0037 MVR (High: 0.1059 / Low: 0.1022). On the other end, September was the most stable month, with a tight range of 0.0011 MVR (High: 0.1052 / Low: 0.1041).

March Spread (Volatile) ±0.0037
September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.1061) against the same month in 2015 (average: 0.1149), the exchange rate shifted by -0.0088 (-7.62%).

2016 Avg (February) 0.1061
2015 Avg (February) 0.1149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1067 0.1055 0.1063
February 0.1071 0.1046 0.1061
March 0.1059 0.1022 0.1049
April 0.1058 0.1036 0.1047
May 0.1052 0.1031 0.1044
June 0.1058 0.1028 0.1045
July 0.1049 0.1034 0.1041
August 0.1048 0.1035 0.1043
September 0.1052 0.1041 0.1047
October 0.1045 0.1028 0.1038
November 0.1037 0.1023 0.1031
December 0.1034 0.1020 0.1027