YEARLY HIGH
0.0827 MVR
YEARLY LOW
0.0757 MVR
YEARLY AVERAGE
0.0778 MVR

2021 LKR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LKR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0827. Conversely, the yearly low was recorded on December 19, dropping to 0.0757.

This high-to-low spread represents a total annual volatility of 0.0070 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0805 to the December average rate of 0.0763, the exchange rate registered a net change of -5.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0827 was down 3.20% compared to the 2020 peak of 0.0855, 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 414 MVR
2020 Average 416 MVR
Yearly Trough Low 379 MVR
Transaction Impact: A difference of 35.05 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0809
0.0758
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 0.0787, compared to 0.0769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0787
H2 Avg (Jul–Dec) 0.0769

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0048 MVR (High: 0.0827 / Low: 0.0779). On the other end, August was the most stable month, with a tight range of 0.0005 MVR (High: 0.0776 / Low: 0.0771).

January Spread (Volatile) ±0.0048
August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0013 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0805) against the same month in 2020 (average: 0.0852), the exchange rate shifted by -0.0047 (-5.52%).

2021 Avg (January) 0.0805
2020 Avg (January) 0.0852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0827 0.0779 0.0805
February 0.0797 0.0782 0.0792
March 0.0792 0.0775 0.0782
April 0.0806 0.0767 0.0782
May 0.0787 0.0772 0.0781
June 0.0783 0.0771 0.0778
July 0.0776 0.0771 0.0774
August 0.0776 0.0771 0.0774
September 0.0776 0.0767 0.0773
October 0.0775 0.0765 0.0769
November 0.0768 0.0759 0.0764
December 0.0766 0.0757 0.0763