YEARLY HIGH
0.0059 AZN
YEARLY LOW
0.0052 AZN
YEARLY AVERAGE
0.0056 AZN

2024 LKR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0059. Conversely, the yearly low was recorded on January 1, dropping to 0.0052.

This high-to-low spread represents a total annual volatility of 0.0006 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0053 to the December average rate of 0.0058, the exchange rate registered a net change of 10.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0059 was up 0.20% compared to the 2023 peak of 0.0059, 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 29 AZN
2023 Average 26 AZN
Yearly Trough Low 26 AZN
Transaction Impact: A difference of 3.17 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0059
0.0052
JanuMarcMayJulySeptNove

LKR to AZN 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 0.0055, compared to 0.0057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0055
H2 Avg (Jul–Dec) 0.0057

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0002 AZN (High: 0.0057 / Low: 0.0055). On the other end, October was the most stable month, with a tight range of 0.0000 AZN (High: 0.0058 / Low: 0.0058).

March Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0058) against the same month in 2023 (average: 0.0052), the exchange rate shifted by +0.0006 (+12.01%).

2024 Avg (December) 0.0058
2023 Avg (December) 0.0052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0054 0.0052 0.0053
February 0.0055 0.0054 0.0054
March 0.0057 0.0055 0.0056
April 0.0057 0.0056 0.0057
May 0.0057 0.0056 0.0057
June 0.0057 0.0056 0.0056
July 0.0056 0.0056 0.0056
August 0.0057 0.0056 0.0057
September 0.0057 0.0056 0.0057
October 0.0058 0.0058 0.0058
November 0.0059 0.0058 0.0058
December 0.0059 0.0057 0.0058