YEARLY HIGH
0.1036 MVR
YEARLY LOW
0.0923 MVR
YEARLY AVERAGE
0.1012 MVR

2017 LKR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LKR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.1036. Conversely, the yearly low was recorded on August 19, dropping to 0.0923.

This high-to-low spread represents a total annual volatility of 0.0113 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1025 to the December average rate of 0.1006, the exchange rate registered a net change of -1.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1036 was down 3.19% compared to the 2016 peak of 0.1071, 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 518 MVR
2016 Average 522 MVR
Yearly Trough Low 461 MVR
Transaction Impact: A difference of 56.69 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1027
0.0998
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 0.1020, compared to 0.1005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1020
H2 Avg (Jul–Dec) 0.1005

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0096 MVR (High: 0.1019 / Low: 0.0923). On the other end, October was the most stable month, with a tight range of 0.0007 MVR (High: 0.1007 / Low: 0.1001).

August Spread (Volatile) ±0.0096
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.1023) against the same month in 2016 (average: 0.1049), the exchange rate shifted by -0.0026 (-2.51%).

2017 Avg (March) 0.1023
2016 Avg (March) 0.1049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1033 0.1017 0.1025
February 0.1034 0.1012 0.1024
March 0.1036 0.1013 0.1023
April 0.1024 0.1008 0.1015
May 0.1024 0.1004 0.1015
June 0.1028 0.1010 0.1018
July 0.1017 0.1004 0.1010
August 0.1019 0.0923 0.1003
September 0.1013 0.0999 0.1007
October 0.1007 0.1001 0.1003
November 0.1008 0.0992 0.1000
December 0.1013 0.1001 0.1006