YEARLY HIGH
2.4033 NGN
YEARLY LOW
1.9928 NGN
YEARLY AVERAGE
2.1877 NGN

2017 LKR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LKR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2.4033. Conversely, the yearly low was recorded on July 17, dropping to 1.9928.

This high-to-low spread represents a total annual volatility of 0.4105 NGN. From a start-to-finish perspective, comparing the January average rate of 2.0880 to the December average rate of 2.3487, the exchange rate registered a net change of 12.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4033 was up 0.34% compared to the 2016 peak of 2.3952, 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 12,017 NGN
2016 Average 8,805 NGN
Yearly Trough Low 9,964 NGN
Transaction Impact: A difference of 2,052.33 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3771
2.0364
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 2.0800, compared to 2.2955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2155 points.

H1 Avg (Jan–Jun) 2.0800
H2 Avg (Jul–Dec) 2.2955

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.3489 NGN (High: 2.4033 / Low: 2.0544). On the other end, October was the most stable month, with a tight range of 0.0274 NGN (High: 2.3488 / Low: 2.3214).

August Spread (Volatile) ±0.3489
October Spread (Stable) ±0.0274

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 0.0178 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 2.3357) against the same month in 2016 (average: 2.2148), the exchange rate shifted by +0.1209 (+5.46%).

2017 Avg (August) 2.3357
2016 Avg (August) 2.2148

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1148 2.0280 2.0880
February 2.1114 2.0335 2.0876
March 2.1227 2.0092 2.0710
April 2.0926 2.0180 2.0704
May 2.1277 2.0605 2.0803
June 2.2908 2.0447 2.0826
July 2.2780 1.9928 2.0648
August 2.4033 2.0544 2.3357
September 2.3650 2.3014 2.3431
October 2.3488 2.3214 2.3394
November 2.3558 2.3117 2.3412
December 2.3683 2.3394 2.3487