YEARLY HIGH
2.3549 NGN
YEARLY LOW
1.9891 NGN
YEARLY AVERAGE
2.2290 NGN

2018 LKR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the LKR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 2.3549. Conversely, the yearly low was recorded on December 28, dropping to 1.9891.

This high-to-low spread represents a total annual volatility of 0.3658 NGN. From a start-to-finish perspective, comparing the January average rate of 2.3421 to the December average rate of 2.0184, the exchange rate registered a net change of -13.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.3549 was down 2.02% compared to the 2017 peak of 2.4033, 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 11,774 NGN
2017 Average 10,942 NGN
Yearly Trough Low 9,945 NGN
Transaction Impact: A difference of 1,829.00 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3745
1.9860
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 2.3057, compared to 2.1522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1535 points.

H1 Avg (Jan–Jun) 2.3057
H2 Avg (Jul–Dec) 2.1522

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0996 NGN (High: 2.1166 / Low: 2.0170). On the other end, May was the most stable month, with a tight range of 0.0102 NGN (High: 2.2862 / Low: 2.2760).

November Spread (Volatile) ±0.0996
May Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0721 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 2.3421) against the same month in 2017 (average: 2.0880), the exchange rate shifted by +0.2542 (+12.17%).

2018 Avg (January) 2.3421
2017 Avg (January) 2.0880

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3549 2.3291 2.3421
February 2.3386 2.3149 2.3280
March 2.3300 2.3051 2.3136
April 2.3191 2.2790 2.3034
May 2.2862 2.2760 2.2811
June 2.2791 2.2500 2.2662
July 2.2767 2.2538 2.2645
August 2.2641 2.2415 2.2522
September 2.2416 2.1421 2.1937
October 2.1522 2.0776 2.1216
November 2.1166 2.0170 2.0631
December 2.0417 1.9891 2.0184