2024 HKD to LKR Historical Review

YEARLY HIGH

41.5861 LKR

YEARLY LOW

37.2560 LKR

YEARLY AVERAGE

38.6818 LKR

2024 HKD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 41.5861. Conversely, the yearly low was recorded on December 15, dropping to 37.2560.

This high-to-low spread represents a total annual volatility of 4.3301 LKR. From a start-to-finish perspective, comparing the January average rate of 41.0690 to the December average rate of 37.5248, the exchange rate registered a net change of -8.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 41.5861 was down 11.71% compared to the 2023 peak of 47.1034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 1,039,653 LKR

2023 Average 1,048,741 LKR

Yearly Trough Low 931,400 LKR

Transaction Impact: A difference of 108,253.25 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

41.4236

37.1692

JanuMarcMayJulySeptNove

HKD 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 39.2323, compared to 38.1314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1008 points.

H1 Avg (Jan–Jun) 39.2323

H2 Avg (Jul–Dec) 38.1314

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.2724 LKR (High: 39.6087 / Low: 38.3363). On the other end, October was the most stable month, with a tight range of 0.3256 LKR (High: 37.9867 / Low: 37.6611).

March Spread (Volatile) ±1.2724

October Spread (Stable) ±0.3256

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 1.1380 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1380

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 41.0690) against the same month in 2023 (average: 46.7658), the exchange rate shifted by -5.6967 (-12.18%).

2024 Avg (January) 41.0690

2023 Avg (January) 46.7658

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.5861	40.3536	41.0690
February	40.3376	39.5463	39.9311
March	39.6087	38.3363	38.9808
April	38.5688	37.9007	38.1804
May	38.7180	37.9418	38.3136
June	39.1960	38.4474	38.9187
July	39.1266	38.6360	38.8705
August	38.8032	38.1544	38.4749
September	39.1703	38.1004	38.6146
October	37.9867	37.6611	37.7799
November	37.8382	37.2615	37.5238
December	38.1518	37.2560	37.5248