YEARLY HIGH
2.0665 NGN
YEARLY LOW
1.7062 NGN
YEARLY AVERAGE
2.0156 NGN

2019 LKR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the LKR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 2.0665. Conversely, the yearly low was recorded on August 27, dropping to 1.7062.

This high-to-low spread represents a total annual volatility of 0.3603 NGN. From a start-to-finish perspective, comparing the January average rate of 1.9980 to the December average rate of 2.0009, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.0665 was down 12.25% compared to the 2018 peak of 2.3549, 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 10,333 NGN
2018 Average 11,142 NGN
Yearly Trough Low 8,531 NGN
Transaction Impact: A difference of 1,801.74 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.0688
1.9602
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 2.0192, compared to 2.0119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 2.0192
H2 Avg (Jul–Dec) 2.0119

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.3508 NGN (High: 2.0570 / Low: 1.7062). On the other end, December was the most stable month, with a tight range of 0.0102 NGN (High: 2.0060 / Low: 1.9958).

August Spread (Volatile) ±0.3508
December Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0731 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0731

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 2.0598) against the same month in 2018 (average: 2.3034), the exchange rate shifted by -0.2437 (-10.58%).

2019 Avg (April) 2.0598
2018 Avg (April) 2.3034

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0343 1.9858 1.9980
February 2.0437 2.0076 2.0247
March 2.0516 2.0084 2.0213
April 2.0665 2.0406 2.0598
May 2.0519 2.0289 2.0424
June 2.0504 1.7344 1.9693
July 2.0586 2.0406 2.0481
August 2.0570 1.7062 2.0202
September 2.0200 1.9846 2.0004
October 2.0060 1.9861 1.9948
November 2.0219 1.9951 2.0073
December 2.0060 1.9958 2.0009