2024 LKR to QAR Historical Review

YEARLY HIGH

0.0126 QAR

YEARLY LOW

0.0112 QAR

YEARLY AVERAGE

0.0121 QAR

2024 LKR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.0126. Conversely, the yearly low was recorded on January 5, dropping to 0.0112.

This high-to-low spread represents a total annual volatility of 0.0013 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0113 to the December average rate of 0.0125, the exchange rate registered a net change of 10.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0126 was down 0.00% compared to the 2023 peak of 0.0126, 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 63 QAR

2023 Average 56 QAR

Yearly Trough Low 56 QAR

Transaction Impact: A difference of 6.61 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0126

0.0112

JanuMarcMayJulySeptNove

LKR to QAR 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 0.0119, compared to 0.0123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0119

H2 Avg (Jul–Dec) 0.0123

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0004 QAR (High: 0.0121 / Low: 0.0117). On the other end, October was the most stable month, with a tight range of 0.0001 QAR (High: 0.0124 / Low: 0.0123).

March Spread (Volatile) ±0.0004

October 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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0125) against the same month in 2023 (average: 0.0112), the exchange rate shifted by +0.0013 (+11.96%).

2024 Avg (December) 0.0125

2023 Avg (December) 0.0112

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0115	0.0112	0.0113
February	0.0118	0.0115	0.0117
March	0.0121	0.0117	0.0119
April	0.0123	0.0121	0.0122
May	0.0123	0.0121	0.0122
June	0.0121	0.0119	0.0120
July	0.0121	0.0119	0.0120
August	0.0122	0.0120	0.0121
September	0.0123	0.0119	0.0121
October	0.0124	0.0123	0.0124
November	0.0126	0.0124	0.0125
December	0.0126	0.0123	0.0125