YEARLY HIGH
0.1011 ZAR
YEARLY LOW
0.0767 ZAR
YEARLY AVERAGE
0.0888 ZAR

2020 LKR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LKR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.1011. Conversely, the yearly low was recorded on December 23, dropping to 0.0767.

This high-to-low spread represents a total annual volatility of 0.0244 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0794 to the December average rate of 0.0795, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1011 was up 15.99% compared to the 2019 peak of 0.0872, 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 506 ZAR
2019 Average 404 ZAR
Yearly Trough Low 384 ZAR
Transaction Impact: A difference of 122.12 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0990
0.0776
JanuMarcMayJulySeptNove

LKR to ZAR 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 0.0898, compared to 0.0877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0898
H2 Avg (Jul–Dec) 0.0877

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0123 ZAR (High: 0.0962 / Low: 0.0838). On the other end, October was the most stable month, with a tight range of 0.0027 ZAR (High: 0.0906 / Low: 0.0879).

March Spread (Volatile) ±0.0123
October Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0052 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0972) against the same month in 2019 (average: 0.0809), the exchange rate shifted by +0.0163 (+20.11%).

2020 Avg (April) 0.0972
2019 Avg (April) 0.0809

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0827 0.0768 0.0794
February 0.0862 0.0814 0.0829
March 0.0962 0.0838 0.0903
April 0.1011 0.0941 0.0972
May 0.1000 0.0932 0.0969
June 0.0935 0.0893 0.0921
July 0.0924 0.0883 0.0902
August 0.0958 0.0890 0.0931
September 0.0927 0.0874 0.0904
October 0.0906 0.0879 0.0891
November 0.0883 0.0815 0.0840
December 0.0823 0.0767 0.0795