YEARLY HIGH
15.3898 COP
YEARLY LOW
11.9700 COP
YEARLY AVERAGE
13.5112 COP

2024 LKR to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 15.3898. Conversely, the yearly low was recorded on January 1, dropping to 11.9700.

This high-to-low spread represents a total annual volatility of 3.4198 COP. From a start-to-finish perspective, comparing the January average rate of 12.2106 to the December average rate of 15.0557, the exchange rate registered a net change of 23.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.3898 was up 1.35% compared to the 2023 peak of 15.1846, 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 76,949 COP
2023 Average 65,884 COP
Yearly Trough Low 59,850 COP
Transaction Impact: A difference of 17,099.25 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.3796
11.9225
JanuMarcMayJulySeptNove

LKR to COP 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 12.7915, compared to 14.2309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4394 points.

H1 Avg (Jan–Jun) 12.7915
H2 Avg (Jul–Dec) 14.2309

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.9350 COP (High: 13.6809 / Low: 12.7459). On the other end, March was the most stable month, with a tight range of 0.3104 COP (High: 12.9297 / Low: 12.6193).

June Spread (Volatile) ±0.9350
March Spread (Stable) ±0.3104

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0359 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0359

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 15.0915) against the same month in 2023 (average: 12.2969), the exchange rate shifted by +2.7946 (+22.73%).

2024 Avg (November) 15.0915
2023 Avg (November) 12.2969

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.4546 11.9700 12.2106
February 12.7713 12.3359 12.5772
March 12.9297 12.6193 12.7827
April 13.3630 12.5948 12.9278
May 13.1524 12.6719 12.9128
June 13.6809 12.7459 13.3379
July 13.5575 13.0059 13.3044
August 13.7956 13.3051 13.5214
September 14.2900 13.6110 13.9080
October 15.0702 14.1399 14.5044
November 15.3898 14.7259 15.0915
December 15.3638 14.7838 15.0557