YEARLY HIGH
0.0533 LKR
YEARLY LOW
0.0474 LKR
YEARLY AVERAGE
0.0515 LKR

2021 MGA to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0533. Conversely, the yearly low was recorded on January 2, dropping to 0.0474.

This high-to-low spread represents a total annual volatility of 0.0060 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0503 to the December average rate of 0.0510, the exchange rate registered a net change of 1.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0533 was up 3.82% compared to the 2020 peak of 0.0514, 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 267 LKR
2020 Average 243 LKR
Yearly Trough Low 237 LKR
Transaction Impact: A difference of 29.83 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0527
0.0501
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 0.0519, compared to 0.0511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0519
H2 Avg (Jul–Dec) 0.0511

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0051 LKR (High: 0.0524 / Low: 0.0474). On the other end, November was the most stable month, with a tight range of 0.0003 LKR (High: 0.0510 / Low: 0.0506).

January Spread (Volatile) ±0.0051
November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0522) against the same month in 2020 (average: 0.0508), the exchange rate shifted by +0.0014 (+2.71%).

2021 Avg (April) 0.0522
2020 Avg (April) 0.0508

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0524 0.0474 0.0503
February 0.0526 0.0510 0.0517
March 0.0528 0.0517 0.0523
April 0.0533 0.0508 0.0522
May 0.0531 0.0520 0.0525
June 0.0530 0.0513 0.0525
July 0.0529 0.0508 0.0519
August 0.0526 0.0509 0.0513
September 0.0513 0.0503 0.0508
October 0.0511 0.0505 0.0508
November 0.0510 0.0506 0.0508
December 0.0519 0.0507 0.0510