YEARLY HIGH
0.0464 NOK
YEARLY LOW
0.0413 NOK
YEARLY AVERAGE
0.0433 NOK

2021 LKR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LKR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0464. Conversely, the yearly low was recorded on October 28, dropping to 0.0413.

This high-to-low spread represents a total annual volatility of 0.0051 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0445 to the December average rate of 0.0443, the exchange rate registered a net change of -0.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0464 was down 26.62% compared to the 2020 peak of 0.0632, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LKR based on timing:

Yearly Peak High 232 NOK
2020 Average 254 NOK
Yearly Trough Low 206 NOK
Transaction Impact: A difference of 25.59 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0448
0.0419
JanuMarcMayJulySeptNove

LKR to NOK 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: JanтАУJun) was 0.0431, compared to 0.0436 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0005 points.

H1 Avg (JanтАУJun) 0.0431
H2 Avg (JulтАУDec) 0.0436

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0035 NOK (High: 0.0464 / Low: 0.0429). On the other end, May was the most stable month, with a tight range of 0.0009 NOK (High: 0.0426 / Low: 0.0417).

January Spread (Volatile) ┬▒0.0035
May Spread (Stable) ┬▒0.0009

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0445) against the same month in 2020 (average: 0.0493), the exchange rate shifted by -0.0048 (-9.68%).

2021 Avg (January) 0.0445
2020 Avg (January) 0.0493

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.0464 0.0429 0.0445
February 0.0446 0.0429 0.0437
March 0.0440 0.0423 0.0432
April 0.0434 0.0416 0.0425
May 0.0426 0.0417 0.0421
June 0.0436 0.0417 0.0425
July 0.0451 0.0430 0.0440
August 0.0453 0.0434 0.0444
September 0.0439 0.0429 0.0434
October 0.0432 0.0413 0.0422
November 0.0448 0.0417 0.0434
December 0.0455 0.0433 0.0443