YEARLY HIGH
2.3952 NGN
YEARLY LOW
1.3367 NGN
YEARLY AVERAGE
1.7592 NGN

2016 LKR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LKR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 2.3952. Conversely, the yearly low was recorded on March 30, dropping to 1.3367.

This high-to-low spread represents a total annual volatility of 1.0585 NGN. From a start-to-finish perspective, comparing the January average rate of 1.3821 to the December average rate of 2.1109, the exchange rate registered a net change of 52.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.3952 was up 55.42% compared to the 2015 peak of 1.5411, 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 11,976 NGN
2015 Average 7,281 NGN
Yearly Trough Low 6,683 NGN
Transaction Impact: A difference of 5,292.58 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.3003
1.2735
JanuMarcMayJulySeptNove

LKR to NGN 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 1.3978, compared to 2.1206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7227 points.

H1 Avg (Jan–Jun) 1.3978
H2 Avg (Jul–Dec) 2.1206

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.5897 NGN (High: 1.9306 / Low: 1.3409). On the other end, January was the most stable month, with a tight range of 0.0091 NGN (High: 1.3872 / Low: 1.3782).

June Spread (Volatile) ±0.5897
January Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0675 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0675

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 2.2148) against the same month in 2015 (average: 1.4849), the exchange rate shifted by +0.7299 (+49.16%).

2016 Avg (August) 2.2148
2015 Avg (August) 1.4849

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3872 1.3782 1.3821
February 1.3848 1.3740 1.3804
March 1.3793 1.3367 1.3675
April 1.3770 1.3548 1.3665
May 1.3651 1.3467 1.3590
June 1.9306 1.3409 1.5315
July 2.1954 1.9257 2.0059
August 2.3952 2.1436 2.2148
September 2.1665 2.1224 2.1472
October 2.1466 2.1033 2.1283
November 2.1273 2.1012 2.1164
December 2.1310 2.0343 2.1109