2024 LKR to GHS Historical Review

YEARLY HIGH

0.0561 GHS

YEARLY LOW

0.0369 GHS

YEARLY AVERAGE

0.0481 GHS

2024 LKR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0561. Conversely, the yearly low was recorded on January 7, dropping to 0.0369.

This high-to-low spread represents a total annual volatility of 0.0192 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0375 to the December average rate of 0.0507, the exchange rate registered a net change of 35.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0561 was up 44.66% compared to the 2023 peak of 0.0388, 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 281 GHS

2023 Average 178 GHS

Yearly Trough Low 184 GHS

Transaction Impact: A difference of 96.04 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0567

0.0358

JanuMarcMayJulySeptNove

LKR to GHS 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 0.0436, compared to 0.0525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.0436

H2 Avg (Jul–Dec) 0.0525

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0033 GHS (High: 0.0529 / Low: 0.0496). On the other end, June was the most stable month, with a tight range of 0.0009 GHS (High: 0.0499 / Low: 0.0490).

December Spread (Volatile) ±0.0033

June Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0043 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0549) against the same month in 2023 (average: 0.0364), the exchange rate shifted by +0.0185 (+50.77%).

2024 Avg (November) 0.0549

2023 Avg (November) 0.0364

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0391	0.0369	0.0375
February	0.0408	0.0392	0.0399
March	0.0441	0.0409	0.0424
April	0.0461	0.0441	0.0450
May	0.0492	0.0460	0.0475
June	0.0499	0.0490	0.0495
July	0.0514	0.0501	0.0508
August	0.0526	0.0513	0.0520
September	0.0532	0.0515	0.0522
October	0.0556	0.0536	0.0546
November	0.0561	0.0528	0.0549
December	0.0529	0.0496	0.0507