2024 HTG to LKR Historical Review

YEARLY HIGH

2.4595 LKR

YEARLY LOW

2.2148 LKR

YEARLY AVERAGE

2.2869 LKR

2024 HTG to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HTG to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 2.4595. Conversely, the yearly low was recorded on November 19, dropping to 2.2148.

This high-to-low spread represents a total annual volatility of 0.2447 LKR. From a start-to-finish perspective, comparing the January average rate of 2.4385 to the December average rate of 2.2298, the exchange rate registered a net change of -8.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4595 was down 1.19% compared to the 2023 peak of 2.4892, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HTG based on timing:

Yearly Peak High 12,298 LKR

2023 Average 11,622 LKR

Yearly Trough Low 11,074 LKR

Transaction Impact: A difference of 1,223.68 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4602

2.1995

JanuMarcMayJulySeptNove

HTG 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 2.3179, compared to 2.2558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0621 points.

H1 Avg (Jan–Jun) 2.3179

H2 Avg (Jul–Dec) 2.2558

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0767 LKR (High: 2.3399 / Low: 2.2632). On the other end, November was the most stable month, with a tight range of 0.0130 LKR (High: 2.2278 / Low: 2.2148).

March Spread (Volatile) ±0.0767

November Spread (Stable) ±0.0130

Growth Streaks & Declines

Trends

Between May and July, 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 0.0738 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0738

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.4385) against the same month in 2023 (average: 2.4637), the exchange rate shifted by -0.0252 (-1.02%).

2024 Avg (January) 2.4385

2023 Avg (January) 2.4637

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4595	2.4002	2.4385
February	2.4002	2.3344	2.3647
March	2.3399	2.2632	2.3014
April	2.2784	2.2341	2.2558
May	2.2768	2.2369	2.2558
June	2.3091	2.2656	2.2914
July	2.3065	2.2888	2.2979
August	2.2942	2.2561	2.2777
September	2.3123	2.2480	2.2814
October	2.2373	2.2215	2.2267
November	2.2278	2.2148	2.2212
December	2.2644	2.2155	2.2298