2024 LKR to AFN Historical Review

YEARLY HIGH

0.2437 AFN

YEARLY LOW

0.2161 AFN

YEARLY AVERAGE

0.2337 AFN

2024 LKR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 0.2437. Conversely, the yearly low was recorded on January 5, dropping to 0.2161.

This high-to-low spread represents a total annual volatility of 0.0276 AFN. From a start-to-finish perspective, comparing the January average rate of 0.2229 to the December average rate of 0.2380, the exchange rate registered a net change of 6.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2437 was down 19.16% compared to the 2023 peak of 0.3014, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,218 AFN

2023 Average 1,262 AFN

Yearly Trough Low 1,081 AFN

Transaction Impact: A difference of 137.76 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2418

0.2211

JanuMarcMayJulySeptNove

LKR to AFN 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 0.2342, compared to 0.2331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.2342

H2 Avg (Jul–Dec) 0.2331

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0195 AFN (High: 0.2356 / Low: 0.2161). On the other end, July was the most stable month, with a tight range of 0.0040 AFN (High: 0.2347 / Low: 0.2307).

January Spread (Volatile) ±0.0195

July Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0075 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2401) against the same month in 2023 (average: 0.2691), the exchange rate shifted by -0.0290 (-10.78%).

2024 Avg (April) 0.2401

2023 Avg (April) 0.2691

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2356	0.2161	0.2229
February	0.2411	0.2304	0.2343
March	0.2413	0.2338	0.2367
April	0.2437	0.2374	0.2401
May	0.2434	0.2344	0.2395
June	0.2386	0.2296	0.2320
July	0.2347	0.2307	0.2331
August	0.2384	0.2330	0.2360
September	0.2376	0.2253	0.2311
October	0.2338	0.2223	0.2286
November	0.2341	0.2284	0.2318
December	0.2416	0.2322	0.2380