2024 LKR to LRD Historical Review

YEARLY HIGH

0.6589 LRD

YEARLY LOW

0.5803 LRD

YEARLY AVERAGE

0.6345 LRD

2024 LKR to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 0.6589. Conversely, the yearly low was recorded on January 1, dropping to 0.5803.

This high-to-low spread represents a total annual volatility of 0.0786 LRD. From a start-to-finish perspective, comparing the January average rate of 0.5892 to the December average rate of 0.6191, the exchange rate registered a net change of 5.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6589 was up 11.44% compared to the 2023 peak of 0.5912, 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 3,294 LRD

2023 Average 2,674 LRD

Yearly Trough Low 2,901 LRD

Transaction Impact: A difference of 392.98 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6632

0.5825

JanuMarcMayJulySeptNove

LKR to LRD 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 0.6267, compared to 0.6422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.6267

H2 Avg (Jul–Dec) 0.6422

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0407 LRD (High: 0.6558 / Low: 0.6151). On the other end, October was the most stable month, with a tight range of 0.0050 LRD (High: 0.6589 / Low: 0.6539).

November Spread (Volatile) ±0.0407

October Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0227 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.6565) against the same month in 2023 (average: 0.5751), the exchange rate shifted by +0.0814 (+14.15%).

2024 Avg (October) 0.6565

2023 Avg (October) 0.5751

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6023	0.5803	0.5892
February	0.6183	0.6023	0.6099
March	0.6422	0.6184	0.6311
April	0.6520	0.6242	0.6447
May	0.6533	0.6400	0.6468
June	0.6449	0.6353	0.6385
July	0.6465	0.6361	0.6421
August	0.6584	0.6446	0.6519
September	0.6555	0.6413	0.6501
October	0.6589	0.6539	0.6565
November	0.6558	0.6151	0.6338
December	0.6277	0.6146	0.6191