YEARLY HIGH
0.0855 MVR
YEARLY LOW
0.0796 MVR
YEARLY AVERAGE
0.0832 MVR

2020 LKR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LKR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.0855. Conversely, the yearly low was recorded on April 8, dropping to 0.0796.

This high-to-low spread represents a total annual volatility of 0.0058 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0852 to the December average rate of 0.0824, the exchange rate registered a net change of -3.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0855 was down 3.54% compared to the 2019 peak of 0.0886, 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 427 MVR
2019 Average 432 MVR
Yearly Trough Low 398 MVR
Transaction Impact: A difference of 29.22 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0857
0.0800
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 0.0833, compared to 0.0831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0833
H2 Avg (Jul–Dec) 0.0831

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0041 MVR (High: 0.0853 / Low: 0.0812). On the other end, July was the most stable month, with a tight range of 0.0003 MVR (High: 0.0830 / Low: 0.0827).

March Spread (Volatile) ±0.0041
July Spread (Stable) ±0.0003

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 March and April, when the average rate fell by 0.0032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0852) against the same month in 2019 (average: 0.0851), the exchange rate shifted by +0.0000 (+0.05%).

2020 Avg (January) 0.0852
2019 Avg (January) 0.0851

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0855 0.0847 0.0852
February 0.0853 0.0847 0.0851
March 0.0853 0.0812 0.0836
April 0.0813 0.0796 0.0805
May 0.0832 0.0814 0.0825
June 0.0838 0.0825 0.0831
July 0.0830 0.0827 0.0829
August 0.0842 0.0827 0.0833
September 0.0836 0.0829 0.0833
October 0.0836 0.0833 0.0835
November 0.0836 0.0829 0.0833
December 0.0832 0.0810 0.0824