2024 IDR to LKR Historical Review

YEARLY HIGH

0.0211 LKR

YEARLY LOW

0.0179 LKR

YEARLY AVERAGE

0.0190 LKR

2024 IDR to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0211. Conversely, the yearly low was recorded on December 18, dropping to 0.0179.

This high-to-low spread represents a total annual volatility of 0.0032 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0206 to the December average rate of 0.0182, the exchange rate registered a net change of -11.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0211 was down 14.10% compared to the 2023 peak of 0.0246, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 211,047 LKR

2023 Average 215,503 LKR

Yearly Trough Low 179,302 LKR

Transaction Impact: A difference of 31,745.51 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0208

0.0179

JanuMarcMayJulySeptNove

IDR 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 0.0193, compared to 0.0188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0193

H2 Avg (Jul–Dec) 0.0188

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0011 LKR (High: 0.0211 / Low: 0.0200). On the other end, July was the most stable month, with a tight range of 0.0003 LKR (High: 0.0188 / Low: 0.0185).

January Spread (Volatile) ±0.0011

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0206) against the same month in 2023 (average: 0.0240), the exchange rate shifted by -0.0034 (-14.36%).

2024 Avg (January) 0.0206

2023 Avg (January) 0.0240

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0211	0.0200	0.0206
February	0.0201	0.0197	0.0199
March	0.0198	0.0189	0.0194
April	0.0188	0.0182	0.0186
May	0.0190	0.0184	0.0186
June	0.0187	0.0184	0.0186
July	0.0188	0.0185	0.0187
August	0.0195	0.0185	0.0190
September	0.0201	0.0192	0.0196
October	0.0193	0.0186	0.0188
November	0.0188	0.0182	0.0184
December	0.0183	0.0179	0.0182