YEARLY HIGH
104.9067 LKR
YEARLY LOW
56.9771 LKR
YEARLY AVERAGE
91.7000 LKR

2022 PGK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 104.9067. Conversely, the yearly low was recorded on January 5, dropping to 56.9771.

This high-to-low spread represents a total annual volatility of 47.9296 LKR. From a start-to-finish perspective, comparing the January average rate of 57.4869 to the December average rate of 104.0059, the exchange rate registered a net change of 80.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 104.9067 was up 81.70% compared to the 2021 peak of 57.7357, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 524,534 LKR
2021 Average 281,142 LKR
Yearly Trough Low 284,885 LKR
Transaction Impact: A difference of 239,648.02 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

108.8468
52.8178
JanuMarcMayJulySeptNove

PGK 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 80.3897, compared to 103.0103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.6206 points.

H1 Avg (Jan–Jun) 80.3897
H2 Avg (Jul–Dec) 103.0103

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 27.0468 LKR (High: 84.2247 / Low: 57.1779). On the other end, February was the most stable month, with a tight range of 0.5471 LKR (High: 57.7220 / Low: 57.1750).

March Spread (Volatile) ±27.0468
February Spread (Stable) ±0.5471

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1718 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1718

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 104.0059) against the same month in 2021 (average: 57.3582), the exchange rate shifted by +46.6477 (+81.33%).

2022 Avg (December) 104.0059
2021 Avg (December) 57.3582

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 57.7959 56.9771 57.4869
February 57.7220 57.1750 57.5221
March 84.2247 57.1779 72.6084
April 100.9867 83.8666 92.0202
May 103.6502 99.1909 101.4060
June 102.7011 97.8540 101.2946
July 102.1659 100.0270 101.2876
August 104.0022 100.7272 102.3845
September 104.8235 101.0657 102.5665
October 104.3244 102.1668 103.6398
November 104.7215 103.4382 104.1777
December 104.9067 102.4126 104.0059