2024 LKR to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LKR to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LKR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 55.7718. Conversely, the yearly low was recorded on January 1, dropping to 47.3827.
This high-to-low spread represents a total annual volatility of 8.3891 IDR. From a start-to-finish perspective, comparing the January average rate of 48.6650 to the December average rate of 55.0780, the exchange rate registered a net change of 13.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 55.7718 was up 8.39% compared to the 2023 peak of 51.4533, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
LKR to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 51.9572, compared to 53.2558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2986 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 2.6568 IDR (High: 54.0031 / Low: 51.3463). On the other end, July was the most stable month, with a tight range of 0.8418 IDR (High: 54.0238 / Low: 53.1820).
Growth Streaks & Declines
TrendsBetween 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 1.5608 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 55.0780) against the same month in 2023 (average: 47.3866), the exchange rate shifted by +7.6915 (+16.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 50.0085 | 47.3827 | 48.6650 |
| February | 50.8190 | 49.7103 | 50.1522 |
| March | 52.9244 | 50.5305 | 51.5422 |
| April | 54.8781 | 53.0633 | 53.8739 |
| May | 54.3166 | 52.7638 | 53.6795 |
| June | 54.3377 | 53.4176 | 53.8306 |
| July | 54.0238 | 53.1820 | 53.5284 |
| August | 54.0031 | 51.3463 | 52.5274 |
| September | 52.0384 | 49.6761 | 50.9666 |
| October | 53.7134 | 51.8230 | 53.1724 |
| November | 54.9093 | 53.2105 | 54.2621 |
| December | 55.7718 | 54.5626 | 55.0780 |