YEARLY HIGH
0.0744 LKR
YEARLY LOW
0.0478 LKR
YEARLY AVERAGE
0.0492 LKR

2019 MGA to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MGA to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0744. Conversely, the yearly low was recorded on August 24, dropping to 0.0478.

This high-to-low spread represents a total annual volatility of 0.0266 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0511 to the December average rate of 0.0505, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0744 was up 41.44% compared to the 2018 peak of 0.0526, 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 372 LKR
2018 Average 243 LKR
Yearly Trough Low 239 LKR
Transaction Impact: A difference of 133.09 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0514
0.0479
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 0.0495, compared to 0.0489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0495
H2 Avg (Jul–Dec) 0.0489

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0253 LKR (High: 0.0744 / Low: 0.0491). On the other end, June was the most stable month, with a tight range of 0.0007 LKR (High: 0.0487 / Low: 0.0480).

December Spread (Volatile) ±0.0253
June Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.0505) against the same month in 2018 (average: 0.0508), the exchange rate shifted by -0.0003 (-0.54%).

2019 Avg (December) 0.0505
2018 Avg (December) 0.0508

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0525 0.0499 0.0511
February 0.0513 0.0493 0.0505
March 0.0511 0.0490 0.0503
April 0.0491 0.0480 0.0484
May 0.0490 0.0479 0.0484
June 0.0487 0.0480 0.0484
July 0.0488 0.0481 0.0484
August 0.0486 0.0478 0.0482
September 0.0487 0.0479 0.0483
October 0.0500 0.0485 0.0492
November 0.0501 0.0481 0.0489
December 0.0744 0.0491 0.0505