YEARLY HIGH
2.1309 NGN
YEARLY LOW
1.8883 NGN
YEARLY AVERAGE
2.0329 NGN

2021 LKR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LKR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.1309. Conversely, the yearly low was recorded on April 14, dropping to 1.8883.

This high-to-low spread represents a total annual volatility of 0.2426 NGN. From a start-to-finish perspective, comparing the January average rate of 2.0262 to the December average rate of 2.0312, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1309 was up 1.29% compared to the 2020 peak of 2.1037, 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 10,654 NGN
2020 Average 10,253 NGN
Yearly Trough Low 9,442 NGN
Transaction Impact: A difference of 1,212.91 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.0833
1.9558
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 2.0158, compared to 2.0499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0342 points.

H1 Avg (Jan–Jun) 2.0158
H2 Avg (Jul–Dec) 2.0499

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2393 NGN (High: 2.1276 / Low: 1.8883). On the other end, July was the most stable month, with a tight range of 0.0104 NGN (High: 2.0691 / Low: 2.0587).

April Spread (Volatile) ±0.2393
July Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0375 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.0262) against the same month in 2020 (average: 1.9967), the exchange rate shifted by +0.0296 (+1.48%).

2021 Avg (January) 2.0262
2020 Avg (January) 1.9967

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1309 1.9420 2.0262
February 2.1061 1.9458 2.0039
March 2.0787 1.9098 1.9664
April 2.1276 1.8883 1.9770
May 2.0967 1.9293 2.0484
June 2.0890 2.0598 2.0727
July 2.0691 2.0587 2.0645
August 2.0666 2.0553 2.0625
September 2.0675 2.0429 2.0605
October 2.0629 2.0307 2.0470
November 2.0475 2.0216 2.0339
December 2.0487 2.0232 2.0312