YEARLY HIGH
0.2094 DOP
YEARLY LOW
0.1791 DOP
YEARLY AVERAGE
0.1971 DOP

2024 LKR to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.2094. Conversely, the yearly low was recorded on January 1, dropping to 0.1791.

This high-to-low spread represents a total annual volatility of 0.0304 DOP. From a start-to-finish perspective, comparing the January average rate of 0.1825 to the December average rate of 0.2081, the exchange rate registered a net change of 13.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2094 was up 11.19% compared to the 2023 peak of 0.1884, 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 1,047 DOP
2023 Average 855 DOP
Yearly Trough Low 895 DOP
Transaction Impact: A difference of 151.87 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2106
0.1800
JanuMarcMayJulySeptNove

LKR to DOP 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 0.1920, compared to 0.2022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.1920
H2 Avg (Jul–Dec) 0.2022

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0079 DOP (High: 0.1972 / Low: 0.1893). On the other end, October was the most stable month, with a tight range of 0.0018 DOP (High: 0.2064 / Low: 0.2046).

March Spread (Volatile) ±0.0079
October Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0022 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2081) against the same month in 2023 (average: 0.1755), the exchange rate shifted by +0.0326 (+18.58%).

2024 Avg (December) 0.2081
2023 Avg (December) 0.1755

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1864 0.1791 0.1825
February 0.1895 0.1864 0.1879
March 0.1972 0.1893 0.1935
April 0.1992 0.1957 0.1976
May 0.1970 0.1934 0.1954
June 0.1976 0.1930 0.1949
July 0.1962 0.1932 0.1948
August 0.2011 0.1953 0.1987
September 0.2036 0.1967 0.1995
October 0.2064 0.2046 0.2055
November 0.2078 0.2054 0.2067
December 0.2094 0.2049 0.2081