2024 LKR to SBD Historical Review

YEARLY HIGH

0.0289 SBD

YEARLY LOW

0.0259 SBD

YEARLY AVERAGE

0.0279 SBD

2024 LKR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0289. Conversely, the yearly low was recorded on January 5, dropping to 0.0259.

This high-to-low spread represents a total annual volatility of 0.0030 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0262 to the December average rate of 0.0287, the exchange rate registered a net change of 9.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0289 was up 0.71% compared to the 2023 peak of 0.0287, 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 145 SBD

2023 Average 127 SBD

Yearly Trough Low 130 SBD

Transaction Impact: A difference of 15.04 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0290

0.0260

JanuMarcMayJulySeptNove

LKR to SBD 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 0.0276, compared to 0.0282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0276

H2 Avg (Jul–Dec) 0.0282

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0012 SBD (High: 0.0285 / Low: 0.0273). On the other end, July was the most stable month, with a tight range of 0.0004 SBD (High: 0.0280 / Low: 0.0276).

March Spread (Volatile) ±0.0012

July Spread (Stable) ±0.0004

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 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0287) against the same month in 2023 (average: 0.0259), the exchange rate shifted by +0.0028 (+10.98%).

2024 Avg (December) 0.0287

2023 Avg (December) 0.0259

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0267	0.0259	0.0262
February	0.0274	0.0266	0.0271
March	0.0285	0.0273	0.0278
April	0.0286	0.0279	0.0284
May	0.0287	0.0281	0.0284
June	0.0282	0.0276	0.0278
July	0.0280	0.0276	0.0278
August	0.0285	0.0280	0.0283
September	0.0284	0.0272	0.0277
October	0.0285	0.0281	0.0283
November	0.0289	0.0283	0.0286
December	0.0289	0.0283	0.0287