YEARLY HIGH
0.0268 HKD
YEARLY LOW
0.0240 HKD
YEARLY AVERAGE
0.0259 HKD

2024 LKR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0268. Conversely, the yearly low was recorded on January 1, dropping to 0.0240.

This high-to-low spread represents a total annual volatility of 0.0028 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0244 to the December average rate of 0.0267, the exchange rate registered a net change of 9.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0268 was down 0.60% compared to the 2023 peak of 0.0270, 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 134 HKD
2023 Average 120 HKD
Yearly Trough Low 120 HKD
Transaction Impact: A difference of 13.97 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0269
0.0241
JanuMarcMayJulySeptNove

LKR to HKD 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 0.0255, compared to 0.0262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0255
H2 Avg (Jul–Dec) 0.0262

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0008 HKD (High: 0.0261 / Low: 0.0252). On the other end, October was the most stable month, with a tight range of 0.0002 HKD (High: 0.0266 / Low: 0.0263).

March Spread (Volatile) ±0.0008
October Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0267) against the same month in 2023 (average: 0.0239), the exchange rate shifted by +0.0027 (+11.50%).

2024 Avg (December) 0.0267
2023 Avg (December) 0.0239

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0248 0.0240 0.0244
February 0.0253 0.0248 0.0250
March 0.0261 0.0252 0.0257
April 0.0264 0.0259 0.0262
May 0.0264 0.0258 0.0261
June 0.0260 0.0255 0.0257
July 0.0259 0.0256 0.0257
August 0.0262 0.0258 0.0260
September 0.0262 0.0255 0.0259
October 0.0266 0.0263 0.0265
November 0.0268 0.0264 0.0267
December 0.0268 0.0262 0.0267