2024 LKR to EGP Historical Review

YEARLY HIGH

0.1754 EGP

YEARLY LOW

0.0950 EGP

YEARLY AVERAGE

0.1507 EGP

2024 LKR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.1754. Conversely, the yearly low was recorded on January 5, dropping to 0.0950.

This high-to-low spread represents a total annual volatility of 0.0804 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0962 to the December average rate of 0.1734, the exchange rate registered a net change of 80.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1754 was up 64.93% compared to the 2023 peak of 0.1063, 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 877 EGP

2023 Average 468 EGP

Yearly Trough Low 475 EGP

Transaction Impact: A difference of 402.01 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1811

0.0885

JanuMarcMayJulySeptNove

LKR to EGP 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 0.1364, compared to 0.1651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0288 points.

H1 Avg (Jan–Jun) 0.1364

H2 Avg (Jul–Dec) 0.1651

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0614 EGP (High: 0.1609 / Low: 0.0995). On the other end, February was the most stable month, with a tight range of 0.0020 EGP (High: 0.0999 / Low: 0.0980).

March Spread (Volatile) ±0.0614

February Spread (Stable) ±0.0020

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 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1734) against the same month in 2023 (average: 0.0946), the exchange rate shifted by +0.0788 (+83.30%).

2024 Avg (December) 0.1734

2023 Avg (December) 0.0946

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0980	0.0950	0.0962
February	0.0999	0.0980	0.0990
March	0.1609	0.0995	0.1481
April	0.1616	0.1575	0.1599
May	0.1618	0.1551	0.1580
June	0.1584	0.1560	0.1570
July	0.1606	0.1574	0.1587
August	0.1651	0.1606	0.1630
September	0.1630	0.1588	0.1610
October	0.1672	0.1636	0.1655
November	0.1709	0.1665	0.1691
December	0.1754	0.1711	0.1734