YEARLY HIGH
0.0061 NZD
YEARLY LOW
0.0049 NZD
YEARLY AVERAGE
0.0055 NZD

2024 LKR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0061. Conversely, the yearly low was recorded on January 1, dropping to 0.0049.

This high-to-low spread represents a total annual volatility of 0.0012 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0050 to the December average rate of 0.0060, the exchange rate registered a net change of 18.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0061 was up 7.52% compared to the 2023 peak of 0.0057, 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 31 NZD
2023 Average 25 NZD
Yearly Trough Low 24 NZD
Transaction Impact: A difference of 6.17 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0061
0.0050
JanuMarcMayJulySeptNove

LKR to NZD 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 0.0054, compared to 0.0056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0054
H2 Avg (Jul–Dec) 0.0056

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0003 NZD (High: 0.0057 / Low: 0.0054). On the other end, June was the most stable month, with a tight range of 0.0001 NZD (High: 0.0054 / Low: 0.0053).

October Spread (Volatile) ±0.0003
June Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0060) against the same month in 2023 (average: 0.0049), the exchange rate shifted by +0.0011 (+21.60%).

2024 Avg (December) 0.0060
2023 Avg (December) 0.0049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0052 0.0049 0.0050
February 0.0053 0.0052 0.0052
March 0.0056 0.0053 0.0054
April 0.0057 0.0055 0.0056
May 0.0057 0.0054 0.0055
June 0.0054 0.0053 0.0054
July 0.0056 0.0053 0.0055
August 0.0056 0.0053 0.0055
September 0.0054 0.0052 0.0053
October 0.0057 0.0054 0.0056
November 0.0059 0.0057 0.0058
December 0.0061 0.0058 0.0060