YEARLY HIGH
0.7296 LKR
YEARLY LOW
0.6132 LKR
YEARLY AVERAGE
0.6634 LKR

2024 KMF to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KMF to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7296. Conversely, the yearly low was recorded on December 18, dropping to 0.6132.

This high-to-low spread represents a total annual volatility of 0.1164 LKR. From a start-to-finish perspective, comparing the January average rate of 0.7113 to the December average rate of 0.6207, the exchange rate registered a net change of -12.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7296 was down 10.61% compared to the 2023 peak of 0.8163, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,648 LKR
2023 Average 3,605 LKR
Yearly Trough Low 3,066 LKR
Transaction Impact: A difference of 582.10 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7203
0.6116
JanuMarcMayJulySeptNove

KMF 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 0.6737, compared to 0.6531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 0.6737
H2 Avg (Jul–Dec) 0.6531

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0349 LKR (High: 0.7296 / Low: 0.6947). On the other end, July was the most stable month, with a tight range of 0.0113 LKR (High: 0.6749 / Low: 0.6636).

January Spread (Volatile) ±0.0349
July Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0283 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.7113) against the same month in 2023 (average: 0.8002), the exchange rate shifted by -0.0890 (-11.12%).

2024 Avg (January) 0.7113
2023 Avg (January) 0.8002

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7296 0.6947 0.7113
February 0.6956 0.6813 0.6849
March 0.6838 0.6575 0.6731
April 0.6591 0.6428 0.6515
May 0.6679 0.6463 0.6566
June 0.6734 0.6616 0.6651
July 0.6749 0.6636 0.6683
August 0.6820 0.6592 0.6707
September 0.6915 0.6700 0.6783
October 0.6627 0.6434 0.6500
November 0.6506 0.6158 0.6306
December 0.6270 0.6132 0.6207