2024 LKR to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LKR to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LKR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 75.6827. Conversely, the yearly low was recorded on January 1, dropping to 63.4052.
This high-to-low spread represents a total annual volatility of 12.2775 LAK. From a start-to-finish perspective, comparing the January average rate of 64.3246 to the December average rate of 75.0453, the exchange rate registered a net change of 16.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 75.6827 was up 18.55% compared to the 2023 peak of 63.8390, 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 LAK 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 68.9743, compared to 74.2082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.2339 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 2.9749 LAK (High: 70.2939 / Low: 67.3190). On the other end, October was the most stable month, with a tight range of 0.7248 LAK (High: 75.3851 / Low: 74.6603).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2714 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 75.1761) against the same month in 2023 (average: 63.1266), the exchange rate shifted by +12.0495 (+19.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 65.6916 | 63.4052 | 64.3246 |
| February | 67.3900 | 65.7473 | 66.7456 |
| March | 70.2939 | 67.3190 | 68.6169 |
| April | 72.1263 | 70.2762 | 71.0533 |
| May | 71.8420 | 70.7388 | 71.3682 |
| June | 72.1698 | 71.1653 | 71.7370 |
| July | 73.3611 | 72.2203 | 72.9221 |
| August | 74.2426 | 73.1693 | 73.7378 |
| September | 74.5406 | 72.3726 | 73.4664 |
| October | 75.3851 | 74.6603 | 74.9013 |
| November | 75.6827 | 74.6667 | 75.1761 |
| December | 75.5383 | 73.9002 | 75.0453 |