2024 LKR to NAD Historical Review

YEARLY HIGH

0.0645 NAD

YEARLY LOW

0.0570 NAD

YEARLY AVERAGE

0.0607 NAD

2024 LKR to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 0.0645. Conversely, the yearly low was recorded on January 1, dropping to 0.0570.

This high-to-low spread represents a total annual volatility of 0.0075 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0585 to the December average rate of 0.0625, the exchange rate registered a net change of 6.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0645 was down 4.28% compared to the 2023 peak of 0.0674, 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 323 NAD

2023 Average 283 NAD

Yearly Trough Low 285 NAD

Transaction Impact: A difference of 37.56 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0636

0.0581

JanuMarcMayJulySeptNove

LKR to NAD 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 0.0611, compared to 0.0604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0611

H2 Avg (Jul–Dec) 0.0604

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0042 NAD (High: 0.0629 / Low: 0.0587). On the other end, July was the most stable month, with a tight range of 0.0014 NAD (High: 0.0608 / Low: 0.0595).

June Spread (Volatile) ±0.0042

July Spread (Stable) ±0.0014

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 April and May, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0632) against the same month in 2023 (average: 0.0565), the exchange rate shifted by +0.0067 (+11.89%).

2024 Avg (April) 0.0632

2023 Avg (April) 0.0565

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0599	0.0570	0.0585
February	0.0622	0.0590	0.0608
March	0.0632	0.0607	0.0618
April	0.0645	0.0619	0.0632
May	0.0625	0.0603	0.0614
June	0.0629	0.0587	0.0606
July	0.0608	0.0595	0.0601
August	0.0618	0.0589	0.0601
September	0.0601	0.0572	0.0586
October	0.0604	0.0586	0.0599
November	0.0625	0.0595	0.0614
December	0.0643	0.0608	0.0625