YEARLY HIGH
0.0691 VEF
YEARLY LOW
0.0426 VEF
YEARLY AVERAGE
0.0620 VEF

2016 LKR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LKR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 0.0691. Conversely, the yearly low was recorded on March 30, dropping to 0.0426.

This high-to-low spread represents a total annual volatility of 0.0266 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0439 to the December average rate of 0.0670, the exchange rate registered a net change of 52.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0691 was up 43.57% compared to the 2015 peak of 0.0482, 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 346 VEF
2015 Average 233 VEF
Yearly Trough Low 213 VEF
Transaction Impact: A difference of 132.80 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0710
0.0410
JanuMarcMayJulySeptNove

LKR to VEF 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 0.0560, compared to 0.0679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.0560
H2 Avg (Jul–Dec) 0.0679

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0018 VEF (High: 0.0690 / Low: 0.0672). On the other end, January was the most stable month, with a tight range of 0.0004 VEF (High: 0.0441 / Low: 0.0436).

June Spread (Volatile) ±0.0018
January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0684) against the same month in 2015 (average: 0.0472), the exchange rate shifted by +0.0212 (+44.88%).

2016 Avg (July) 0.0684
2015 Avg (July) 0.0472

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0441 0.0436 0.0439
February 0.0441 0.0434 0.0438
March 0.0438 0.0426 0.0435
April 0.0690 0.0680 0.0685
May 0.0685 0.0674 0.0681
June 0.0690 0.0672 0.0682
July 0.0691 0.0680 0.0684
August 0.0688 0.0682 0.0685
September 0.0687 0.0681 0.0684
October 0.0683 0.0674 0.0679
November 0.0675 0.0671 0.0673
December 0.0674 0.0665 0.0670