2024 LKR to MXN Historical Review

YEARLY HIGH

0.0712 MXN

YEARLY LOW

0.0521 MXN

YEARLY AVERAGE

0.0608 MXN

2024 LKR to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0712. Conversely, the yearly low was recorded on January 5, dropping to 0.0521.

This high-to-low spread represents a total annual volatility of 0.0191 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0531 to the December average rate of 0.0694, the exchange rate registered a net change of 30.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0712 was up 17.69% compared to the 2023 peak of 0.0605, 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 356 MXN

2023 Average 270 MXN

Yearly Trough Low 261 MXN

Transaction Impact: A difference of 95.32 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0713

0.0515

JanuMarcMayJulySeptNove

LKR to MXN 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 0.0558, compared to 0.0658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.0558

H2 Avg (Jul–Dec) 0.0658

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0056 MXN (High: 0.0621 / Low: 0.0565). On the other end, February was the most stable month, with a tight range of 0.0011 MXN (High: 0.0552 / Low: 0.0541).

June Spread (Volatile) ±0.0056

February Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between July and November, 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 June and July, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0696) against the same month in 2023 (average: 0.0530), the exchange rate shifted by +0.0166 (+31.31%).

2024 Avg (November) 0.0696

2023 Avg (November) 0.0530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0546	0.0521	0.0531
February	0.0552	0.0541	0.0547
March	0.0555	0.0544	0.0550
April	0.0579	0.0548	0.0562
May	0.0573	0.0552	0.0561
June	0.0621	0.0565	0.0598
July	0.0621	0.0582	0.0596
August	0.0660	0.0622	0.0638
September	0.0669	0.0632	0.0652
October	0.0688	0.0654	0.0670
November	0.0712	0.0677	0.0696
December	0.0712	0.0681	0.0694