YEARLY HIGH
0.3678 LKR
YEARLY LOW
0.2931 LKR
YEARLY AVERAGE
0.3201 LKR

2024 CLP to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3678. Conversely, the yearly low was recorded on December 18, dropping to 0.2931.

This high-to-low spread represents a total annual volatility of 0.0747 LKR. From a start-to-finish perspective, comparing the January average rate of 0.3533 to the December average rate of 0.2966, the exchange rate registered a net change of -16.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3678 was down 21.50% compared to the 2023 peak of 0.4685, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 367,755 LKR
2023 Average 391,925 LKR
Yearly Trough Low 293,094 LKR
Transaction Impact: A difference of 74,660.87 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3590
0.2909
JanuMarcMayJulySeptNove

CLP 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 0.3265, compared to 0.3137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 0.3265
H2 Avg (Jul–Dec) 0.3137

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0287 LKR (High: 0.3678 / Low: 0.3391). On the other end, December was the most stable month, with a tight range of 0.0064 LKR (High: 0.2995 / Low: 0.2931).

January Spread (Volatile) ±0.0287
December Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0300 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3533) against the same month in 2023 (average: 0.4444), the exchange rate shifted by -0.0911 (-20.51%).

2024 Avg (January) 0.3533
2023 Avg (January) 0.4444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3678 0.3391 0.3533
February 0.3375 0.3140 0.3233
March 0.3258 0.3062 0.3154
April 0.3183 0.3047 0.3127
May 0.3380 0.3103 0.3266
June 0.3351 0.3206 0.3274
July 0.3339 0.3165 0.3248
August 0.3318 0.3151 0.3229
September 0.3320 0.3159 0.3249
October 0.3261 0.3045 0.3130
November 0.3080 0.2949 0.3002
December 0.2995 0.2931 0.2966