YEARLY HIGH
0.5191 LKR
YEARLY LOW
0.4753 LKR
YEARLY AVERAGE
0.4879 LKR

2020 NGN to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.5191. Conversely, the yearly low was recorded on May 24, dropping to 0.4753.

This high-to-low spread represents a total annual volatility of 0.0438 LKR. From a start-to-finish perspective, comparing the January average rate of 0.5008 to the December average rate of 0.4876, the exchange rate registered a net change of -2.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5191 was down 11.43% compared to the 2019 peak of 0.5861, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 519,131 LKR
2019 Average 496,490 LKR
Yearly Trough Low 475,344 LKR
Transaction Impact: A difference of 43,787.48 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5030
0.4772
JanuMarcMayJulySeptNove

NGN 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 0.4930, compared to 0.4827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 0.4930
H2 Avg (Jul–Dec) 0.4827

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0317 LKR (High: 0.5191 / Low: 0.4874). On the other end, July was the most stable month, with a tight range of 0.0028 LKR (High: 0.4804 / Low: 0.4776).

April Spread (Volatile) ±0.0317
July Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0163 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.4981) against the same month in 2019 (average: 0.4855), the exchange rate shifted by +0.0126 (+2.59%).

2020 Avg (April) 0.4981
2019 Avg (April) 0.4855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5020 0.4979 0.5008
February 0.5012 0.4970 0.4988
March 0.5134 0.4843 0.4986
April 0.5191 0.4874 0.4981
May 0.4891 0.4753 0.4818
June 0.4836 0.4774 0.4799
July 0.4804 0.4776 0.4794
August 0.4896 0.4755 0.4802
September 0.4870 0.4774 0.4823
October 0.4852 0.4775 0.4827
November 0.4875 0.4796 0.4840
December 0.5013 0.4779 0.4876