YEARLY HIGH
0.0821 ZAR
YEARLY LOW
0.0678 ZAR
YEARLY AVERAGE
0.0746 ZAR

2021 LKR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LKR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0821. Conversely, the yearly low was recorded on June 6, dropping to 0.0678.

This high-to-low spread represents a total annual volatility of 0.0143 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0790 to the December average rate of 0.0784, the exchange rate registered a net change of -0.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0821 was down 18.84% compared to the 2020 peak of 0.1011, 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 410 ZAR
2020 Average 444 ZAR
Yearly Trough Low 339 ZAR
Transaction Impact: A difference of 71.37 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0799
0.0693
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 0.0742, compared to 0.0749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0742
H2 Avg (Jul–Dec) 0.0749

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0063 ZAR (High: 0.0804 / Low: 0.0741). On the other end, July was the most stable month, with a tight range of 0.0032 ZAR (High: 0.0745 / Low: 0.0713).

November Spread (Volatile) ±0.0063
July Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0790) against the same month in 2020 (average: 0.0794), the exchange rate shifted by -0.0004 (-0.54%).

2021 Avg (January) 0.0790
2020 Avg (January) 0.0794

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0821 0.0762 0.0790
February 0.0777 0.0740 0.0759
March 0.0791 0.0737 0.0760
April 0.0742 0.0705 0.0730
May 0.0735 0.0693 0.0712
June 0.0722 0.0678 0.0702
July 0.0745 0.0713 0.0728
August 0.0769 0.0718 0.0741
September 0.0760 0.0709 0.0730
October 0.0755 0.0719 0.0741
November 0.0804 0.0741 0.0770
December 0.0799 0.0765 0.0784