YEARLY HIGH
0.3609 LKR
YEARLY LOW
0.3219 LKR
YEARLY AVERAGE
0.3354 LKR

2024 KPW to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KPW to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3609. Conversely, the yearly low was recorded on December 15, dropping to 0.3219.

This high-to-low spread represents a total annual volatility of 0.0390 LKR. From a start-to-finish perspective, comparing the January average rate of 0.3567 to the December average rate of 0.3241, the exchange rate registered a net change of -9.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3609 was down 11.83% compared to the 2023 peak of 0.4093, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,804 LKR
2023 Average 1,825 LKR
Yearly Trough Low 1,609 LKR
Transaction Impact: A difference of 195.08 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3599
0.3209
JanuMarcMayJulySeptNove

KPW 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 0.3408, compared to 0.3299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.3408
H2 Avg (Jul–Dec) 0.3299

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0112 LKR (High: 0.3445 / Low: 0.3334). On the other end, October was the most stable month, with a tight range of 0.0024 LKR (High: 0.3277 / Low: 0.3253).

March Spread (Volatile) ±0.0112
October Spread (Stable) ±0.0024

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 0.0097 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3567) against the same month in 2023 (average: 0.4064), the exchange rate shifted by -0.0497 (-12.22%).

2024 Avg (January) 0.3567
2023 Avg (January) 0.4064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3609 0.3505 0.3567
February 0.3505 0.3440 0.3470
March 0.3445 0.3334 0.3389
April 0.3356 0.3296 0.3322
May 0.3360 0.3293 0.3325
June 0.3401 0.3341 0.3377
July 0.3397 0.3352 0.3373
August 0.3369 0.3305 0.3333
September 0.3391 0.3291 0.3343
October 0.3277 0.3253 0.3261
November 0.3269 0.3223 0.3244
December 0.3294 0.3219 0.3241