YEARLY HIGH
0.0514 LKR
YEARLY LOW
0.0464 LKR
YEARLY AVERAGE
0.0487 LKR

2020 MGA to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0514. Conversely, the yearly low was recorded on October 29, dropping to 0.0464.

This high-to-low spread represents a total annual volatility of 0.0050 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0493 to the December average rate of 0.0490, the exchange rate registered a net change of -0.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0514 was down 30.95% compared to the 2019 peak of 0.0744, 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 257 LKR
2019 Average 246 LKR
Yearly Trough Low 232 LKR
Transaction Impact: A difference of 24.89 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0512
0.0467
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 0.0494, compared to 0.0480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0494
H2 Avg (Jul–Dec) 0.0480

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0026 LKR (High: 0.0491 / Low: 0.0465). On the other end, July was the most stable month, with a tight range of 0.0008 LKR (High: 0.0488 / Low: 0.0480).

November Spread (Volatile) ±0.0026
July Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0508) against the same month in 2019 (average: 0.0484), the exchange rate shifted by +0.0024 (+4.96%).

2020 Avg (April) 0.0508
2019 Avg (April) 0.0484

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0501 0.0487 0.0493
February 0.0500 0.0487 0.0490
March 0.0506 0.0488 0.0496
April 0.0514 0.0502 0.0508
May 0.0501 0.0486 0.0492
June 0.0495 0.0481 0.0486
July 0.0488 0.0480 0.0483
August 0.0489 0.0477 0.0482
September 0.0485 0.0475 0.0479
October 0.0474 0.0464 0.0471
November 0.0491 0.0465 0.0472
December 0.0503 0.0478 0.0490