YEARLY HIGH
10.4739 BIF
YEARLY LOW
9.6670 BIF
YEARLY AVERAGE
9.9537 BIF

2021 LKR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LKR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 10.4739. Conversely, the yearly low was recorded on April 8, dropping to 9.6670.

This high-to-low spread represents a total annual volatility of 0.8069 BIF. From a start-to-finish perspective, comparing the January average rate of 10.1696 to the December average rate of 9.8669, the exchange rate registered a net change of -2.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.4739 was down 0.72% compared to the 2020 peak of 10.5500, 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 52,370 BIF
2020 Average 51,629 BIF
Yearly Trough Low 48,335 BIF
Transaction Impact: A difference of 4,034.67 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.2000
9.8354
JanuMarcMayJulySeptNove

LKR to BIF 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 9.9900, compared to 9.9174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0725 points.

H1 Avg (Jan–Jun) 9.9900
H2 Avg (Jul–Dec) 9.9174

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.6371 BIF (High: 10.4739 / Low: 9.8368). On the other end, August was the most stable month, with a tight range of 0.0457 BIF (High: 9.9731 / Low: 9.9274).

January Spread (Volatile) ±0.6371
August Spread (Stable) ±0.0457

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1438 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 10.1696) against the same month in 2020 (average: 10.3878), the exchange rate shifted by -0.2182 (-2.10%).

2021 Avg (January) 10.1696
2020 Avg (January) 10.3878

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.4739 9.8368 10.1696
February 10.1341 9.8980 10.0258
March 10.0318 9.7994 9.9089
April 10.1888 9.6670 9.8865
May 10.0539 9.8757 9.9791
June 10.0084 9.9448 9.9700
July 9.9823 9.9298 9.9504
August 9.9731 9.9274 9.9424
September 9.9943 9.8520 9.9565
October 9.9947 9.8602 9.9226
November 9.9108 9.8267 9.8658
December 9.9054 9.8300 9.8669