YEARLY HIGH
0.3878 RSD
YEARLY LOW
0.3266 RSD
YEARLY AVERAGE
0.3589 RSD

2024 LKR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.3878. Conversely, the yearly low was recorded on January 1, dropping to 0.3266.

This high-to-low spread represents a total annual volatility of 0.0612 RSD. From a start-to-finish perspective, comparing the January average rate of 0.3347 to the December average rate of 0.3829, the exchange rate registered a net change of 14.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3878 was up 2.95% compared to the 2023 peak of 0.3767, 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 1,939 RSD
2023 Average 1,655 RSD
Yearly Trough Low 1,633 RSD
Transaction Impact: A difference of 305.85 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3877
0.3299
JanuMarcMayJulySeptNove

LKR to RSD 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 0.3536, compared to 0.3642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.3536
H2 Avg (Jul–Dec) 0.3642

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0209 RSD (High: 0.3861 / Low: 0.3652). On the other end, June was the most stable month, with a tight range of 0.0051 RSD (High: 0.3604 / Low: 0.3553).

November Spread (Volatile) ±0.0209
June Spread (Stable) ±0.0051

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 0.0041 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3829) against the same month in 2023 (average: 0.3285), the exchange rate shifted by +0.0544 (+16.56%).

2024 Avg (December) 0.3829
2023 Avg (December) 0.3285

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3438 0.3266 0.3347
February 0.3500 0.3416 0.3476
March 0.3615 0.3481 0.3536
April 0.3700 0.3609 0.3654
May 0.3681 0.3563 0.3621
June 0.3604 0.3553 0.3579
July 0.3579 0.3523 0.3553
August 0.3583 0.3483 0.3539
September 0.3548 0.3433 0.3502
October 0.3702 0.3588 0.3659
November 0.3861 0.3652 0.3772
December 0.3878 0.3793 0.3829