YEARLY HIGH
0.0530 LKR
YEARLY LOW
0.0443 LKR
YEARLY AVERAGE
0.0489 LKR

2017 MGA to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.0530. Conversely, the yearly low was recorded on January 4, dropping to 0.0443.

This high-to-low spread represents a total annual volatility of 0.0087 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0457 to the December average rate of 0.0475, the exchange rate registered a net change of 3.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0530 was up 6.74% compared to the 2016 peak of 0.0496, 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 265 LKR
2016 Average 230 LKR
Yearly Trough Low 221 LKR
Transaction Impact: A difference of 43.58 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0525
0.0451
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 0.0477, compared to 0.0501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0477
H2 Avg (Jul–Dec) 0.0501

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0033 LKR (High: 0.0507 / Low: 0.0474). On the other end, November was the most stable month, with a tight range of 0.0009 LKR (High: 0.0486 / Low: 0.0477).

June Spread (Volatile) ±0.0033
November Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and July, 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 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.0518) against the same month in 2016 (average: 0.0474), the exchange rate shifted by +0.0044 (+9.31%).

2017 Avg (July) 0.0518
2016 Avg (July) 0.0474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0470 0.0443 0.0457
February 0.0495 0.0466 0.0479
March 0.0493 0.0462 0.0476
April 0.0481 0.0464 0.0475
May 0.0498 0.0475 0.0487
June 0.0507 0.0474 0.0488
July 0.0530 0.0499 0.0518
August 0.0525 0.0511 0.0516
September 0.0519 0.0506 0.0512
October 0.0507 0.0486 0.0499
November 0.0486 0.0477 0.0483
December 0.0483 0.0470 0.0475