YEARLY HIGH
0.0165 RON
YEARLY LOW
0.0139 RON
YEARLY AVERAGE
0.0153 RON

2024 LKR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0165. Conversely, the yearly low was recorded on January 1, dropping to 0.0139.

This high-to-low spread represents a total annual volatility of 0.0026 RON. From a start-to-finish perspective, comparing the January average rate of 0.0142 to the December average rate of 0.0163, the exchange rate registered a net change of 14.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0165 was up 3.24% compared to the 2023 peak of 0.0160, 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 82 RON
2023 Average 70 RON
Yearly Trough Low 69 RON
Transaction Impact: A difference of 13.11 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0165
0.0140
JanuMarcMayJulySeptNove

LKR to RON 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 0.0150, compared to 0.0155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0150
H2 Avg (Jul–Dec) 0.0155

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0009 RON (High: 0.0164 / Low: 0.0155). On the other end, June was the most stable month, with a tight range of 0.0002 RON (High: 0.0153 / Low: 0.0151).

November Spread (Volatile) ±0.0009
June Spread (Stable) ±0.0002

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 August and September, 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: 0.0163) against the same month in 2023 (average: 0.0139), the exchange rate shifted by +0.0024 (+16.91%).

2024 Avg (December) 0.0163
2023 Avg (December) 0.0139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0146 0.0139 0.0142
February 0.0148 0.0145 0.0148
March 0.0154 0.0148 0.0150
April 0.0157 0.0153 0.0155
May 0.0156 0.0151 0.0154
June 0.0153 0.0151 0.0152
July 0.0152 0.0150 0.0151
August 0.0152 0.0148 0.0151
September 0.0151 0.0146 0.0149
October 0.0157 0.0153 0.0156
November 0.0164 0.0155 0.0160
December 0.0165 0.0161 0.0163