YEARLY HIGH
42.2608 LKR
YEARLY LOW
39.1792 LKR
YEARLY AVERAGE
41.4682 LKR

2017 QAR to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 42.2608. Conversely, the yearly low was recorded on November 21, dropping to 39.1792.

This high-to-low spread represents a total annual volatility of 3.0815 LKR. From a start-to-finish perspective, comparing the January average rate of 41.1839 to the December average rate of 41.7585, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 42.2608 was up 2.37% compared to the 2016 peak of 41.2819, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 211,304 LKR
2016 Average 200,692 LKR
Yearly Trough Low 195,896 LKR
Transaction Impact: A difference of 15,407.68 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

42.0052
40.2026
JanuMarcMayJulySeptNove

QAR 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 41.5827, compared to 41.3538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2289 points.

H1 Avg (Jan–Jun) 41.5827
H2 Avg (Jul–Dec) 41.3538

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 3.0746 LKR (High: 42.2538 / Low: 39.1792). On the other end, May was the most stable month, with a tight range of 0.3975 LKR (High: 42.0887 / Low: 41.6912).

November Spread (Volatile) ±3.0746
May Spread (Stable) ±0.3975

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 October and November, when the average rate fell by 0.7128 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.7128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 41.7585) against the same month in 2016 (average: 40.9622), the exchange rate shifted by +0.7963 (+1.94%).

2017 Avg (December) 41.7585
2016 Avg (December) 40.9622

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.5074 40.6824 41.1839
February 42.0499 41.1043 41.4735
March 42.0044 41.2041 41.6199
April 41.9761 41.5349 41.7885
May 42.0887 41.6912 41.8550
June 42.0423 40.3025 41.5753
July 42.2536 41.0324 41.8197
August 42.1403 41.2073 41.7775
September 41.9584 41.0673 41.3487
October 42.1625 40.3604 41.0656
November 42.2538 39.1792 40.3528
December 42.2608 41.2639 41.7585