YEARLY HIGH
0.0255 QAR
YEARLY LOW
0.0237 QAR
YEARLY AVERAGE
0.0241 QAR

2017 LKR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LKR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.0255. Conversely, the yearly low was recorded on December 14, dropping to 0.0237.

This high-to-low spread represents a total annual volatility of 0.0019 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0243 to the December average rate of 0.0239, the exchange rate registered a net change of -1.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0255 was up 0.45% compared to the 2016 peak of 0.0254, 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 128 QAR
2016 Average 125 QAR
Yearly Trough Low 118 QAR
Transaction Impact: A difference of 9.31 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0249
0.0238
JanuMarcMayJulySeptNove

LKR to QAR 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 0.0240, compared to 0.0242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0240
H2 Avg (Jul–Dec) 0.0242

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0019 QAR (High: 0.0255 / Low: 0.0237). On the other end, May was the most stable month, with a tight range of 0.0002 QAR (High: 0.0240 / Low: 0.0238).

November Spread (Volatile) ±0.0019
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0248) against the same month in 2016 (average: 0.0246), the exchange rate shifted by +0.0002 (+0.94%).

2017 Avg (November) 0.0248
2016 Avg (November) 0.0246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0246 0.0241 0.0243
February 0.0243 0.0238 0.0241
March 0.0243 0.0238 0.0240
April 0.0241 0.0238 0.0239
May 0.0240 0.0238 0.0239
June 0.0248 0.0238 0.0241
July 0.0244 0.0237 0.0239
August 0.0243 0.0237 0.0239
September 0.0244 0.0238 0.0242
October 0.0248 0.0237 0.0244
November 0.0255 0.0237 0.0248
December 0.0242 0.0237 0.0239