YEARLY HIGH
226.7503 IRR
YEARLY LOW
207.7132 IRR
YEARLY AVERAGE
212.5594 IRR

2021 LKR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LKR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 226.7503. Conversely, the yearly low was recorded on December 19, dropping to 207.7132.

This high-to-low spread represents a total annual volatility of 19.0371 IRR. From a start-to-finish perspective, comparing the January average rate of 219.9780 to the December average rate of 208.7434, the exchange rate registered a net change of -5.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 226.7503 was down 36.36% compared to the 2020 peak of 356.2764, 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 1,133,752 IRR
2020 Average 1,137,413 IRR
Yearly Trough Low 1,038,566 IRR
Transaction Impact: A difference of 95,185.58 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

221.1014
207.6200
JanuMarcMayJulySeptNove

LKR to IRR 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 214.7330, compared to 210.3859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3471 points.

H1 Avg (Jan–Jun) 214.7330
H2 Avg (Jul–Dec) 210.3859

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 13.9314 IRR (High: 226.7503 / Low: 212.8189). On the other end, July was the most stable month, with a tight range of 1.1341 IRR (High: 212.1913 / Low: 211.0571).

January Spread (Volatile) ±13.9314
July Spread (Stable) ±1.1341

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 3.5734 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.5734

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 219.9780) against the same month in 2020 (average: 232.0723), the exchange rate shifted by -12.0944 (-5.21%).

2021 Avg (January) 219.9780
2020 Avg (January) 232.0723

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 226.7503 212.8189 219.9780
February 217.7058 213.6129 216.4046
March 216.4691 211.0976 213.3950
April 219.2913 208.9157 213.0513
May 215.3537 211.1474 213.3816
June 213.2083 211.3404 212.1874
July 212.1913 211.0571 211.5604
August 211.8074 210.5533 211.3521
September 212.0051 209.6543 211.2922
October 211.5796 208.8812 210.2459
November 209.8477 208.3414 209.1213
December 209.6408 207.7132 208.7434