YEARLY HIGH
1373.5268 VEF
YEARLY LOW
1283.7489 VEF
YEARLY AVERAGE
1340.3515 VEF

2020 LKR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LKR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 1373.5268. Conversely, the yearly low was recorded on April 8, dropping to 1283.7489.

This high-to-low spread represents a total annual volatility of 89.7779 VEF. From a start-to-finish perspective, comparing the January average rate of 1369.5668 to the December average rate of 1327.6755, the exchange rate registered a net change of -3.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1373.5268 was down 3.64% compared to the 2019 peak of 1425.4028, 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 6,867,634 VEF
2019 Average 6,955,596 VEF
Yearly Trough Low 6,418,744 VEF
Transaction Impact: A difference of 448,889.56 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1376.8683
1289.2501
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 1340.2226, compared to 1340.4804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2578 points.

H1 Avg (Jan–Jun) 1340.2226
H2 Avg (Jul–Dec) 1340.4804

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 56.2175 VEF (High: 1366.8435 / Low: 1310.6260). On the other end, February was the most stable month, with a tight range of 4.4377 VEF (High: 1369.9951 / Low: 1365.5573).

March Spread (Volatile) ±56.2175
February Spread (Stable) ±4.4377

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 48.3098 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -48.3098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1369.5668) against the same month in 2019 (average: 1366.2535), the exchange rate shifted by +3.3133 (+0.24%).

2020 Avg (January) 1369.5668
2019 Avg (January) 1366.2535

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1373.5268 1363.0240 1369.5668
February 1369.9951 1365.5573 1368.4426
March 1366.8435 1310.6260 1344.8614
April 1312.2794 1283.7489 1296.5516
May 1338.6775 1304.2717 1325.4792
June 1342.6714 1330.7779 1336.4340
July 1339.1080 1333.8346 1337.2666
August 1359.1570 1333.6974 1343.4035
September 1348.8332 1336.8219 1342.9402
October 1348.8613 1344.2003 1347.5852
November 1348.4910 1337.1421 1344.0111
December 1341.6421 1306.0680 1327.6755