YEARLY HIGH
2.8469 SYP
YEARLY LOW
2.6501 SYP
YEARLY AVERAGE
2.7686 SYP

2020 LKR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LKR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 2.8469. Conversely, the yearly low was recorded on April 8, dropping to 2.6501.

This high-to-low spread represents a total annual volatility of 0.1967 SYP. From a start-to-finish perspective, comparing the January average rate of 2.8384 to the December average rate of 2.7403, the exchange rate registered a net change of -3.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8469 was down 3.64% compared to the 2019 peak of 2.9543, 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 14,234 SYP
2019 Average 14,418 SYP
Yearly Trough Low 13,251 SYP
Transaction Impact: A difference of 983.66 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.8543
2.6633
JanuMarcMayJulySeptNove

LKR to SYP 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 2.7731, compared to 2.7640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 2.7731
H2 Avg (Jul–Dec) 2.7640

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1204 SYP (High: 2.8341 / Low: 2.7137). On the other end, February was the most stable month, with a tight range of 0.0092 SYP (High: 2.8394 / Low: 2.8302).

March Spread (Volatile) ±0.1204
February Spread (Stable) ±0.0092

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 March and April, when the average rate fell by 0.1068 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.8384) against the same month in 2019 (average: 2.8316), the exchange rate shifted by +0.0068 (+0.24%).

2020 Avg (January) 2.8384
2019 Avg (January) 2.8316

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8469 2.8251 2.8384
February 2.8394 2.8302 2.8362
March 2.8341 2.7137 2.7860
April 2.7142 2.6501 2.6792
May 2.7676 2.6937 2.7380
June 2.7721 2.7479 2.7606
July 2.7660 2.7532 2.7601
August 2.7974 2.7454 2.7670
September 2.7759 2.7507 2.7645
October 2.7835 2.7699 2.7786
November 2.7821 2.7597 2.7737
December 2.7714 2.6954 2.7403