2024 LKR to NOK Historical Review

YEARLY HIGH

0.0391 NOK

YEARLY LOW

0.0314 NOK

YEARLY AVERAGE

0.0357 NOK

2024 LKR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0391. Conversely, the yearly low was recorded on January 1, dropping to 0.0314.

This high-to-low spread represents a total annual volatility of 0.0077 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0324 to the December average rate of 0.0385, the exchange rate registered a net change of 18.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0391 was up 2.85% compared to the 2023 peak of 0.0380, 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 195 NOK

2023 Average 161 NOK

Yearly Trough Low 157 NOK

Transaction Impact: A difference of 38.61 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0391

0.0318

JanuMarcMayJulySeptNove

LKR to NOK 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 0.0347, compared to 0.0366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0347

H2 Avg (Jul–Dec) 0.0366

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0023 NOK (High: 0.0361 / Low: 0.0338). On the other end, June was the most stable month, with a tight range of 0.0009 NOK (High: 0.0354 / Low: 0.0345).

March Spread (Volatile) ±0.0023

June Spread (Stable) ±0.0009

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 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0385) against the same month in 2023 (average: 0.0322), the exchange rate shifted by +0.0063 (+19.63%).

2024 Avg (December) 0.0385

2023 Avg (December) 0.0322

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0333	0.0314	0.0324
February	0.0343	0.0331	0.0338
March	0.0361	0.0338	0.0348
April	0.0375	0.0357	0.0365
May	0.0370	0.0348	0.0359
June	0.0354	0.0345	0.0349
July	0.0364	0.0346	0.0356
August	0.0366	0.0348	0.0357
September	0.0361	0.0343	0.0353
October	0.0376	0.0359	0.0369
November	0.0384	0.0372	0.0378
December	0.0391	0.0380	0.0385