YEARLY HIGH
28.2203 LKR
YEARLY LOW
12.2032 LKR
YEARLY AVERAGE
22.9615 LKR

2021 TRY to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 28.2203. Conversely, the yearly low was recorded on December 19, dropping to 12.2032.

This high-to-low spread represents a total annual volatility of 16.0171 LKR. From a start-to-finish perspective, comparing the January average rate of 25.8753 to the December average rate of 15.2411, the exchange rate registered a net change of -41.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 28.2203 was down 8.81% compared to the 2020 peak of 30.9480, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,411,015 LKR
2020 Average 1,331,959 LKR
Yearly Trough Low 610,160 LKR
Transaction Impact: A difference of 800,854.62 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

28.6155
14.0253
JanuMarcMayJulySeptNove

TRY 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 24.9368, compared to 20.9861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9507 points.

H1 Avg (Jan–Jun) 24.9368
H2 Avg (Jul–Dec) 20.9861

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 6.7308 LKR (High: 18.9340 / Low: 12.2032). On the other end, July was the most stable month, with a tight range of 0.7214 LKR (High: 23.5967 / Low: 22.8753).

December Spread (Volatile) ±6.7308
July Spread (Stable) ±0.7214

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.6630 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.6630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 27.3996) against the same month in 2020 (average: 29.9365), the exchange rate shifted by -2.5369 (-8.47%).

2021 Avg (February) 27.3996
2020 Avg (February) 29.9365

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.6678 25.0160 25.8753
February 28.2203 26.1867 27.3996
March 27.3471 23.8903 25.6801
April 25.0105 23.0268 24.1633
May 23.9373 23.1335 23.5230
June 23.6280 22.6627 22.9794
July 23.5967 22.8753 23.1739
August 23.9613 23.0496 23.5340
September 24.1696 22.3864 23.3157
October 22.5927 20.7116 21.7478
November 21.1563 15.0117 18.9041
December 18.9340 12.2032 15.2411