YEARLY HIGH
0.4644 DZD
YEARLY LOW
0.4139 DZD
YEARLY AVERAGE
0.4447 DZD

2024 LKR to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4644. Conversely, the yearly low was recorded on January 1, dropping to 0.4139.

This high-to-low spread represents a total annual volatility of 0.0505 DZD. From a start-to-finish perspective, comparing the January average rate of 0.4191 to the December average rate of 0.4604, the exchange rate registered a net change of 9.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4644 was down 1.21% compared to the 2023 peak of 0.4701, 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 2,322 DZD
2023 Average 2,076 DZD
Yearly Trough Low 2,070 DZD
Transaction Impact: A difference of 252.51 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4645
0.4149
JanuMarcMayJulySeptNove

LKR to DZD 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 0.4389, compared to 0.4504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.4389
H2 Avg (Jul–Dec) 0.4504

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0145 DZD (High: 0.4475 / Low: 0.4330). On the other end, July was the most stable month, with a tight range of 0.0057 DZD (High: 0.4455 / Low: 0.4398).

September Spread (Volatile) ±0.0145
July Spread (Stable) ±0.0057

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 August and September, when the average rate fell by 0.0070 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4604) against the same month in 2023 (average: 0.4117), the exchange rate shifted by +0.0487 (+11.83%).

2024 Avg (December) 0.4604
2023 Avg (December) 0.4117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4270 0.4139 0.4191
February 0.4347 0.4276 0.4309
March 0.4489 0.4346 0.4412
April 0.4539 0.4456 0.4502
May 0.4541 0.4448 0.4495
June 0.4469 0.4394 0.4427
July 0.4455 0.4398 0.4428
August 0.4512 0.4444 0.4474
September 0.4475 0.4330 0.4404
October 0.4568 0.4503 0.4541
November 0.4615 0.4534 0.4573
December 0.4644 0.4548 0.4604