YEARLY HIGH
0.0906 LKR
YEARLY LOW
0.0504 LKR
YEARLY AVERAGE
0.0781 LKR

2022 MGA to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MGA to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 0.0906. Conversely, the yearly low was recorded on March 5, dropping to 0.0504.

This high-to-low spread represents a total annual volatility of 0.0402 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0509 to the December average rate of 0.0830, the exchange rate registered a net change of 63.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0906 was up 69.93% compared to the 2021 peak of 0.0533, 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 453 LKR
2021 Average 258 LKR
Yearly Trough Low 252 LKR
Transaction Impact: A difference of 201.10 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0929
0.0469
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 0.0706, compared to 0.0856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 0.0706
H2 Avg (Jul–Dec) 0.0856

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0232 LKR (High: 0.0736 / Low: 0.0504). On the other end, February was the most stable month, with a tight range of 0.0005 LKR (High: 0.0510 / Low: 0.0505).

March Spread (Volatile) ±0.0232
February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.0891) against the same month in 2021 (average: 0.0525), the exchange rate shifted by +0.0366 (+69.73%).

2022 Avg (May) 0.0891
2021 Avg (May) 0.0525

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0513 0.0505 0.0509
February 0.0510 0.0505 0.0508
March 0.0736 0.0504 0.0636
April 0.0882 0.0734 0.0806
May 0.0906 0.0868 0.0891
June 0.0903 0.0860 0.0888
July 0.0891 0.0843 0.0867
August 0.0887 0.0844 0.0864
September 0.0875 0.0847 0.0864
October 0.0872 0.0848 0.0861
November 0.0858 0.0843 0.0851
December 0.0845 0.0814 0.0830