2024 LKR to MDL Historical Review

YEARLY HIGH

0.0632 MDL

YEARLY LOW

0.0534 MDL

YEARLY AVERAGE

0.0588 MDL

2024 LKR to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0632. Conversely, the yearly low was recorded on January 1, dropping to 0.0534.

This high-to-low spread represents a total annual volatility of 0.0098 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0549 to the December average rate of 0.0628, the exchange rate registered a net change of 14.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0632 was up 3.16% compared to the 2023 peak of 0.0612, 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 316 MDL

2023 Average 276 MDL

Yearly Trough Low 267 MDL

Transaction Impact: A difference of 49.08 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0636

0.0541

JanuMarcMayJulySeptNove

LKR to MDL 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 0.0577, compared to 0.0599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0577

H2 Avg (Jul–Dec) 0.0599

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0028 MDL (High: 0.0561 / Low: 0.0534). On the other end, June was the most stable month, with a tight range of 0.0007 MDL (High: 0.0587 / Low: 0.0580).

January Spread (Volatile) ±0.0028

June Spread (Stable) ±0.0007

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 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0628) against the same month in 2023 (average: 0.0539), the exchange rate shifted by +0.0089 (+16.54%).

2024 Avg (December) 0.0628

2023 Avg (December) 0.0539

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0561	0.0534	0.0549
February	0.0576	0.0563	0.0570
March	0.0588	0.0571	0.0579
April	0.0600	0.0585	0.0593
May	0.0596	0.0583	0.0590
June	0.0587	0.0580	0.0583
July	0.0586	0.0578	0.0583
August	0.0589	0.0573	0.0583
September	0.0586	0.0569	0.0578
October	0.0611	0.0589	0.0602
November	0.0630	0.0606	0.0618
December	0.0632	0.0619	0.0628