UAE Dirham (AED) To Sri Lanka Rupee (LKR) Lowest Exchange Rate

| November 13, 2018

This report analyzes the lowest exchange rate of UAE Dirham (AED) - Sri Lanka Rupee (LKR). The sections include the comparison to other similar currency pairs and losses during the lowest rate date. Additionally, you will find a section that analyzes how low other stronger currencies against AED have gone.

The time range of analysis of this report is between 2014-12-01 and 2018-10-01. We will update this report regularly once in about 2 to 3 months.

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Below is a table of contents to help you navigate through the report.

  1. AED/LKR Lowest Exchange Rate
  2. 1-Week, 1-Month and 1-Year Losses During AED/LKR Lowest Rate
  3. Loss At Lowest Rate If You Had Bought UAE Dirham (AED) At Previous Highest Rate
  4. AED/LKR Lowest Rate Compared To 3 Of The Strongest Currencies
  5. AED/LKR Lowest Rate Compared To 3 Similar Currencies To Sri Lanka Rupee (LKR)
  6. AED to LKR - Top 20 Monthly & Weekly Lowest Average Rates

Recommended Reading: AED/LKR highest rate report will help you look at the best performance of the currency pair in detail (for the same timeframe of analysis as this report).

1 AED/LKR Lowest Exchange Rate

The lowest rate for AED/LKR pair was 35.612999. The corresponding date was 2014-12-11. We will not just stop with mentioning the rate. Rather we will be using a common sense approach to assess the magnitude of the rate drop. The method is explained in the next paragraph.

We will begin by finding the year of occurrence of the lowest exchange rate. For that year, we will be computing the annual and monthly average rates. We will then compare both the averages against the lowest rate.

Below table lists the computed average rates as well as the difference between the lowest rate and the averages.

Duration Average Rate Lowest Rate Vs Averages
Year (2014)35.673778-0.17 %
Month (12-2014)35.675818-0.18 %

Below is a visual representation of the table you just saw. The below graph compares the average rates against the lowest rate of UAE Dirham (AED) - Sri Lanka Rupee (LKR).

UAE Dirham (AED) - Sri Lanka Rupee (LKR) Lowest Rate

Below table shows daily rates on lowest month:

DateCloseOne-day Gain (%)Rate-Change From Past Day
1st December 201435.6570.044003 (0.12 %)
2nd December 201435.724-0.093002 (-0.26 %)0.067 (0.19 %)
3rd December 201435.647-0.086002 (-0.24 %)-0.077 (-0.22 %)
4th December 201435.6590.043999 (0.12 %)0.012 (0.03 %)
5th December 201435.661-0.068001 (-0.19 %)0.002 (0.01 %)
8th December 201435.760.146999 (0.41 %)0.099 (0.28 %)
9th December 201435.6980.026001 (0.07 %)-0.062 (-0.17 %)
10th December 201435.647-0.007999 (-0.02 %)-0.051 (-0.14 %)
11th December 201435.6130.000000 (0.00 %)-0.034 (-0.1 %)
12th December 201435.6940.080002 (0.22 %)0.081 (0.23 %)
15th December 201435.640.027000 (0.08 %)-0.054 (-0.15 %)
16th December 201435.659-0.026001 (-0.07 %)0.019 (0.05 %)
17th December 201435.656-0.054001 (-0.15 %)-0.003 (-0.01 %)
18th December 201435.615-0.030998 (-0.09 %)-0.041 (-0.11 %)
19th December 201435.7160.013000 (0.04 %)0.101 (0.28 %)
22nd December 201435.680.011002 (0.03 %)-0.036 (-0.1 %)
23rd December 201435.6950.028999 (0.08 %)0.015 (0.04 %)
24th December 201435.6980.003002 (0.01 %)0.003 (0.01 %)
26th December 201435.6840.016998 (0.05 %)-0.014 (-0.04 %)
29th December 201435.70.031002 (0.09 %)0.016 (0.04 %)
30th December 201435.6920.013000 (0.04 %)-0.008 (-0.02 %)
31st December 201435.673-0.030998 (-0.09 %)-0.019 (-0.05 %)

2 1-Week, 1-Month and 1-Year Losses During AED/LKR Lowest Rate

Someone who invested in Sri Lanka Rupee (LKR) using UAE Dirham (AED) before the lowest rate day is bound to lose if he sold on that day. This section compares the losses one could have made by investing 1 week, 1 month and 1 year before the lowest exchange rate day.

Note: In case you see NA (Not Applicable) values in the below table that denotes a lack of data for the corresponding time range. For example, assume that the lowest rate was during the first week of the range of data used for this report. Then we will not be able to compute the value for someone who invested 1 year before.

Below table and graph represent the losses by investing in AED/LKR pair (subject to data availability) for 1 week, 1 month and 1 year before 2014-12-11.

Days Before Lowest CloseClose (Rate)Losses(%)
1 Week 2014-12-0435.659-0.13 %
1 Month NANANA
1 Year NANANA
UAE Dirham (AED)-Sri Lanka Rupee (LKR) Stock Losses - Week, Month, Year

Subject to data availability, below table summarizes the impact on a 1000 LKR invested in AED 1 week, 1 month and 1 year before the lowest close rate date.

Days Before Lowest RateLosses(%)What happens to 1000 LKR invested?
1 Week -0.13 %998.7

3 Loss At Lowest Rate If You Had Bought AED At Previous Highest Rate

Buying at high and selling when low is worst case scenario for any Forex investor. This section helps you assess the potential damage for an investor who invested in AED/LKR during the highest rate day that occurred before the lowest rate day of 2014-12-11.

Previous Highest Rate DateClose (Rate)Lowest Close RateLosses(%)
2014-12-0835.7635.612999-0.41 %

Above table has shown the losses in percentage. Now let us check the impact on a 1000 LKR invested. As per the loss percentage shown in the above table, the 1000 LKR would have become 995.9.

4 AED/LKR Lowest Rate Compared To 3 Of The Strongest Currencies

Now let us compare the lowest rate of AED/LKR pair with three others formed by 3 of the strongest currencies against AED. In other words, we will be analyzing 3 pairs with the selected strong currencies as quote currencies (denoted after the slash symbol.)

To pick the strongest currencies we follow a simple method. We just check those pairs with UAE Dirham (AED) as base currency (before slash symbol) which have exchange rates among the lowest for the recent 12 month period ending 2018-10-01. The corresponding quote currencies are among the strongest ones.

AED-LKR Lowest Rate Vs Strong Currencies

Now we are going to analyze the potential impact of the lowest rate on investments. There is no straightforward way to do it. However, we are going to do a simple analysis that will give you an idea of the potential losses. We are going to measure and compare the differences between the lowest rates and the average rates for the recent 12 month period between 2017-10-01 and 2018-10-01.

Recommended Reading: Have a look at the similar section in the AED/LKR highest rate report to learn more in detail about this method.

CurrencyPairLowest RateAvg RateLowest Vs Avg. Rates (%)Difference (%)
Sri Lanka RupeeAED/LKR41.44800242.844173-3.26-
Kuwaiti DinarAED/KWD0.0815000.082265-0.932.33
Bahraini DinarAED/BHD0.1022000.102476-0.272.99
Rial OmaniAED/OMR0.1040000.104258-0.253.01

5 AED/LKR Lowest Rate Compared To 3 Similar Currencies To AED

In this section we are going to compare the performance ofAED/LKR against similar rate pairs but with AED as the base currency. In other words, the currency invested in will be the same in all the pairs under consideration. The range of observation is between 2014-12-01 and 2018-10-01

Below chart displays the lowest rates of LKR as well as 3 other similar currencies against AED.

AED to LKR Lowest Rate Alossest Similar Currencies

Below table lists the lowest rates of the currency pairs and a simple comparison. The final column shows the percentage difference between the lowest rates.

Note: A negative difference (last column value) for a currency pair indicates that the pair had lesser magnitude lowest rate than AED/AED.

CurrencyPairLowest RateDifference (%)
Sri Lanka RupeeAED/LKR35.612999-
Jamaican DollarAED/JMD30.639799-13.96
Djibouti FrancAED/DJF47.63060033.74
Iceland KronaAED/ISK26.499500-25.59

6 AED to LKR - Top 20 Monthly & Weekly Lowest Average Rates

This sections displays the monthly and weekly average lowest rates for the currency pair - AED/LKR.

Top 20 Month-wise Lowest Avg. Rates:

Month-YearAvg. Rate Highest Rate (& Rate-Change From Avg.)Lowest Rate (& Rate-Change From Avg.)
December-201435.67581835.759998 (0.08418)35.612999 (-0.062819)
January-201535.81242935.985001 (0.172572)35.668999 (-0.14343)
April-201536.18815036.228001 (0.039851)36.147999 (-0.040151)
February-201536.11300036.201000 (0.088)35.855000 (-0.258)
March-201536.19659136.241001 (0.04441)36.150002 (-0.046589)
July-201536.35930436.421001 (0.061697)36.129002 (-0.230302)
June-201536.47771436.904999 (0.427285)36.264000 (-0.213714)
May-201536.32228536.437000 (0.114715)36.213001 (-0.109284)
August-201536.43835036.689999 (0.251649)36.282001 (-0.156349)
October-201538.29990538.417000 (0.117095)38.134998 (-0.164907)
September-201537.80933438.394001 (0.584667)36.608002 (-1.201332)
November-201538.64504838.952999 (0.307951)38.269001 (-0.376047)
January-201639.15794739.250999 (0.093052)39.039001 (-0.118946)
December-201539.04190539.223000 (0.181095)38.932999 (-0.108906)
February-201639.19533339.327000 (0.131667)39.153999 (-0.041334)
August-201639.59595239.696999 (0.101047)39.523998 (-0.071954)
June-201639.78131840.258999 (0.477681)39.318001 (-0.463317)
July-201639.70552639.938999 (0.233473)39.490002 (-0.215524)
April-201639.57738139.801998 (0.224617)39.346001 (-0.23138)
March-201639.60339140.512001 (0.90861)39.250000 (-0.353391)

Top 20 Weekly Lowest Avg. Rates:

Week-YearAvg. RateHighest Rate (& Rate-Change From Avg.)Lowest Rate (& Rate-Change From Avg.)
Week 48-201435.66960035.723999 (0.054399)35.646999 (-0.022601)
Week 52-201435.68833435.700001 (0.011667)35.673000 (-0.015334)
Week 51-201435.68925035.698002 (0.008752)35.680000 (-0.00925)
Week 0-201535.68000035.691002 (0.011002)35.668999 (-0.011001)
Week 49-201435.68240035.759998 (0.077598)35.612999 (-0.069401)
Week 50-201435.65720035.716000 (0.0588)35.615002 (-0.042198)
Week 2-201535.76379935.778999 (0.0152)35.730000 (-0.033799)
Week 1-201535.74260035.778999 (0.036399)35.705002 (-0.037598)
Week 3-201535.85200035.865002 (0.013002)35.842999 (-0.009001)
Week 4-201535.95220135.985001 (0.0328)35.893002 (-0.059199)
Week 6-201536.13240136.151001 (0.0186)36.119999 (-0.012402)
Week 5-201535.98820036.161999 (0.173799)35.855000 (-0.1332)
Week 9-201536.17680036.215000 (0.0382)36.150002 (-0.026798)
Week 7-201536.15760036.201000 (0.0434)36.132999 (-0.024601)
Week 15-201536.17080036.198002 (0.027202)36.147999 (-0.022801)
Week 10-201536.18560036.205002 (0.019402)36.161999 (-0.023601)
Week 12-201536.21160036.241001 (0.029401)36.187000 (-0.0246)
Week 14-201536.19060036.223000 (0.0324)36.166000 (-0.0246)
Week 16-201536.19140036.201000 (0.0096)36.171001 (-0.020399)
Week 8-201536.17380036.199001 (0.025201)36.127998 (-0.045802)

Conclusion:

Hopefully, the report will help you in your forex investing

Disclaimer:

We have validated the data to the best of our knowledge. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly.

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