YEARLY HIGH
0.6136 DJF
YEARLY LOW
0.5475 DJF
YEARLY AVERAGE
0.5895 DJF

2024 LKR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.6136. Conversely, the yearly low was recorded on January 1, dropping to 0.5475.

This high-to-low spread represents a total annual volatility of 0.0661 DJF. From a start-to-finish perspective, comparing the January average rate of 0.5542 to the December average rate of 0.6097, the exchange rate registered a net change of 10.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6136 was up 0.02% compared to the 2023 peak of 0.6135, 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 3,068 DJF
2023 Average 2,716 DJF
Yearly Trough Low 2,737 DJF
Transaction Impact: A difference of 330.62 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6153
0.5487
JanuMarcMayJulySeptNove

LKR to DJF 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 0.5800, compared to 0.5990 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0190 points.

H1 Avg (Jan–Jun) 0.5800
H2 Avg (Jul–Dec) 0.5990

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0192 DJF (High: 0.5927 / Low: 0.5735). On the other end, October was the most stable month, with a tight range of 0.0047 DJF (High: 0.6072 / Low: 0.6025).

March Spread (Volatile) ±0.0192
October Spread (Stable) ±0.0047

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 0.0088 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6097) against the same month in 2023 (average: 0.5451), the exchange rate shifted by +0.0647 (+11.86%).

2024 Avg (December) 0.6097
2023 Avg (December) 0.5451

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5635 0.5475 0.5542
February 0.5741 0.5641 0.5697
March 0.5927 0.5735 0.5829
April 0.6016 0.5887 0.5947
May 0.5994 0.5885 0.5937
June 0.5921 0.5797 0.5850
July 0.5885 0.5813 0.5858
August 0.5962 0.5848 0.5920
September 0.6002 0.5827 0.5914
October 0.6072 0.6025 0.6059
November 0.6127 0.6059 0.6092
December 0.6136 0.5998 0.6097