2024 LKR to NIO Historical Review

YEARLY HIGH

0.1268 NIO

YEARLY LOW

0.1130 NIO

YEARLY AVERAGE

0.1219 NIO

2024 LKR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.1268. Conversely, the yearly low was recorded on January 1, dropping to 0.1130.

This high-to-low spread represents a total annual volatility of 0.0138 NIO. From a start-to-finish perspective, comparing the January average rate of 0.1142 to the December average rate of 0.1261, the exchange rate registered a net change of 10.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1268 was up 0.69% compared to the 2023 peak of 0.1259, 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 634 NIO

2023 Average 558 NIO

Yearly Trough Low 565 NIO

Transaction Impact: A difference of 69.11 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1273

0.1130

JanuMarcMayJulySeptNove

LKR to NIO 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 0.1199, compared to 0.1240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.1199

H2 Avg (Jul–Dec) 0.1240

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0039 NIO (High: 0.1225 / Low: 0.1186). On the other end, October was the most stable month, with a tight range of 0.0011 NIO (High: 0.1257 / Low: 0.1247).

March Spread (Volatile) ±0.0039

October Spread (Stable) ±0.0011

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 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1261) against the same month in 2023 (average: 0.1122), the exchange rate shifted by +0.0139 (+12.37%).

2024 Avg (December) 0.1261

2023 Avg (December) 0.1122

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1162	0.1130	0.1142
February	0.1187	0.1165	0.1178
March	0.1225	0.1186	0.1206
April	0.1243	0.1219	0.1231
May	0.1239	0.1219	0.1229
June	0.1224	0.1203	0.1211
July	0.1219	0.1204	0.1212
August	0.1237	0.1214	0.1226
September	0.1242	0.1206	0.1223
October	0.1257	0.1247	0.1254
November	0.1267	0.1255	0.1260
December	0.1268	0.1243	0.1261