YEARLY HIGH
0.0050 CAD
YEARLY LOW
0.0041 CAD
YEARLY AVERAGE
0.0045 CAD

2024 LKR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0050. Conversely, the yearly low was recorded on January 1, dropping to 0.0041.

This high-to-low spread represents a total annual volatility of 0.0009 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0042 to the December average rate of 0.0049, the exchange rate registered a net change of 16.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0050 was up 7.18% compared to the 2023 peak of 0.0046, 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 25 CAD
2023 Average 21 CAD
Yearly Trough Low 20 CAD
Transaction Impact: A difference of 4.42 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0050
0.0041
JanuMarcMayJulySeptNove

LKR to CAD 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 0.0044, compared to 0.0047 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) 0.0044
H2 Avg (Jul–Dec) 0.0047

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0002 CAD (High: 0.0048 / Low: 0.0046). On the other end, June was the most stable month, with a tight range of 0.0001 CAD (High: 0.0046 / Low: 0.0045).

October Spread (Volatile) ±0.0002
June Spread (Stable) ±0.0001

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: 0.0049) against the same month in 2023 (average: 0.0041), the exchange rate shifted by +0.0008 (+19.12%).

2024 Avg (December) 0.0049
2023 Avg (December) 0.0041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0043 0.0041 0.0042
February 0.0044 0.0042 0.0043
March 0.0045 0.0044 0.0044
April 0.0046 0.0045 0.0046
May 0.0046 0.0045 0.0046
June 0.0046 0.0045 0.0045
July 0.0046 0.0045 0.0045
August 0.0046 0.0045 0.0046
September 0.0046 0.0044 0.0045
October 0.0048 0.0046 0.0047
November 0.0048 0.0047 0.0048
December 0.0050 0.0048 0.0049