YEARLY HIGH
24.1238 LKR
YEARLY LOW
14.0233 LKR
YEARLY AVERAGE
19.3992 LKR

2022 TRY to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 24.1238. Conversely, the yearly low was recorded on March 7, dropping to 14.0233.

This high-to-low spread represents a total annual volatility of 10.1005 LKR. From a start-to-finish perspective, comparing the January average rate of 14.9713 to the December average rate of 19.6626, the exchange rate registered a net change of 31.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 24.1238 was down 14.52% compared to the 2021 peak of 28.2203, 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 1,206,192 LKR
2021 Average 1,146,589 LKR
Yearly Trough Low 701,166 LKR
Transaction Impact: A difference of 505,026.24 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

23.7375
14.0309
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 18.9031, compared to 19.8953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9922 points.

H1 Avg (Jan–Jun) 18.9031
H2 Avg (Jul–Dec) 19.8953

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 6.2566 LKR (High: 20.2799 / Low: 14.0233). On the other end, December was the most stable month, with a tight range of 0.2687 LKR (High: 19.7890 / Low: 19.5203).

March Spread (Volatile) ±6.2566
December Spread (Stable) ±0.2687

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.7228 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.7228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 22.9286) against the same month in 2021 (average: 23.5230), the exchange rate shifted by -0.5944 (-2.53%).

2022 Avg (May) 22.9286
2021 Avg (May) 23.5230

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.5377 14.5503 14.9713
February 15.1333 14.2838 14.8398
March 20.2799 14.0233 17.4553
April 23.9818 20.0597 22.0179
May 24.1238 21.7124 22.9286
June 22.0011 20.2197 21.2058
July 21.4901 19.8548 20.5989
August 20.3596 19.4908 20.0150
September 20.1410 19.4357 19.7279
October 19.7675 19.3000 19.6513
November 19.9041 19.3626 19.7164
December 19.7890 19.5203 19.6626