YEARLY HIGH
0.5296 LKR
YEARLY LOW
0.4693 LKR
YEARLY AVERAGE
0.4922 LKR

2021 NGN to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 0.5296. Conversely, the yearly low was recorded on January 2, dropping to 0.4693.

This high-to-low spread represents a total annual volatility of 0.0603 LKR. From a start-to-finish perspective, comparing the January average rate of 0.4938 to the December average rate of 0.4923, the exchange rate registered a net change of -0.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5296 was up 2.01% compared to the 2020 peak of 0.5191, 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 529,575 LKR
2020 Average 487,810 LKR
Yearly Trough Low 469,288 LKR
Transaction Impact: A difference of 60,287.13 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5114
0.4799
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 0.4966, compared to 0.4878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.4966
H2 Avg (Jul–Dec) 0.4878

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0596 LKR (High: 0.5296 / Low: 0.4700). On the other end, July was the most stable month, with a tight range of 0.0024 LKR (High: 0.4857 / Low: 0.4833).

April Spread (Volatile) ±0.0596
July Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0178 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.5064) against the same month in 2020 (average: 0.4981), the exchange rate shifted by +0.0083 (+1.67%).

2021 Avg (April) 0.5064
2020 Avg (April) 0.4981

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5149 0.4693 0.4938
February 0.5139 0.4748 0.4992
March 0.5236 0.4811 0.5088
April 0.5296 0.4700 0.5064
May 0.5183 0.4769 0.4886
June 0.4855 0.4787 0.4825
July 0.4857 0.4833 0.4844
August 0.4865 0.4839 0.4848
September 0.4895 0.4837 0.4853
October 0.4924 0.4848 0.4885
November 0.4947 0.4884 0.4917
December 0.4943 0.4881 0.4923