YEARLY HIGH
0.0496 LKR
YEARLY LOW
0.0440 LKR
YEARLY AVERAGE
0.0460 LKR

2016 MGA to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.0496. Conversely, the yearly low was recorded on December 29, dropping to 0.0440.

This high-to-low spread represents a total annual volatility of 0.0056 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0449 to the December average rate of 0.0447, the exchange rate registered a net change of -0.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0496 was down 2.61% compared to the 2015 peak of 0.0510, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MGA based on timing:

Yearly Peak High 248 LKR
2015 Average 220 LKR
Yearly Trough Low 220 LKR
Transaction Impact: A difference of 27.99 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0486
0.0444
JanuMarcMayJulySeptNove

MGA to LKR 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 0.0454, compared to 0.0467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0454
H2 Avg (Jul–Dec) 0.0467

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0043 LKR (High: 0.0496 / Low: 0.0453). On the other end, January was the most stable month, with a tight range of 0.0003 LKR (High: 0.0450 / Low: 0.0447).

July Spread (Volatile) ±0.0043
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and May, 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 September and October, when the average rate fell by 0.0015 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0474) against the same month in 2015 (average: 0.0407), the exchange rate shifted by +0.0067 (+16.42%).

2016 Avg (July) 0.0474
2015 Avg (July) 0.0407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0450 0.0447 0.0449
February 0.0458 0.0448 0.0452
March 0.0465 0.0449 0.0454
April 0.0461 0.0453 0.0458
May 0.0465 0.0454 0.0461
June 0.0455 0.0441 0.0448
July 0.0496 0.0453 0.0474
August 0.0494 0.0477 0.0482
September 0.0481 0.0472 0.0478
October 0.0472 0.0457 0.0463
November 0.0470 0.0447 0.0457
December 0.0452 0.0440 0.0447