2024 LKR to MZN Historical Review

YEARLY HIGH

0.2204 MZN

YEARLY LOW

0.1921 MZN

YEARLY AVERAGE

0.2118 MZN

2024 LKR to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.2204. Conversely, the yearly low was recorded on January 22, dropping to 0.1921.

This high-to-low spread represents a total annual volatility of 0.0283 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1987 to the December average rate of 0.2189, the exchange rate registered a net change of 10.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2204 was up 0.14% compared to the 2023 peak of 0.2201, 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 1,102 MZN

2023 Average 975 MZN

Yearly Trough Low 961 MZN

Transaction Impact: A difference of 141.60 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2209

0.1967

JanuMarcMayJulySeptNove

LKR to MZN 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 0.2084, compared to 0.2152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.2084

H2 Avg (Jul–Dec) 0.2152

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0103 MZN (High: 0.2024 / Low: 0.1921). On the other end, October was the most stable month, with a tight range of 0.0016 MZN (High: 0.2183 / Low: 0.2166).

January Spread (Volatile) ±0.0103

October Spread (Stable) ±0.0016

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 0.0033 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2189) against the same month in 2023 (average: 0.1955), the exchange rate shifted by +0.0234 (+11.98%).

2024 Avg (December) 0.2189

2023 Avg (December) 0.1955

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2024	0.1921	0.1987
February	0.2063	0.2025	0.2045
March	0.2131	0.2059	0.2095
April	0.2157	0.2121	0.2139
May	0.2156	0.2113	0.2135
June	0.2125	0.2086	0.2102
July	0.2117	0.2089	0.2105
August	0.2148	0.2107	0.2130
September	0.2157	0.2092	0.2123
October	0.2183	0.2166	0.2177
November	0.2204	0.2172	0.2189
December	0.2204	0.2153	0.2189