2024 LKR to SCR Historical Review

YEARLY HIGH

0.0520 SCR

YEARLY LOW

0.0407 SCR

YEARLY AVERAGE

0.0453 SCR

2024 LKR to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0520. Conversely, the yearly low was recorded on January 17, dropping to 0.0407.

This high-to-low spread represents a total annual volatility of 0.0114 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0417 to the December average rate of 0.0484, the exchange rate registered a net change of 16.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0520 was up 7.87% compared to the 2023 peak of 0.0482, 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 260 SCR

2023 Average 205 SCR

Yearly Trough Low 203 SCR

Transaction Impact: A difference of 56.78 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0491

0.0410

JanuMarcMayJulySeptNove

LKR to SCR 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 0.0443, compared to 0.0464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0443

H2 Avg (Jul–Dec) 0.0464

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0075 SCR (High: 0.0502 / Low: 0.0427). On the other end, May was the most stable month, with a tight range of 0.0019 SCR (High: 0.0466 / Low: 0.0447).

August Spread (Volatile) ±0.0075

May Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0484) against the same month in 2023 (average: 0.0411), the exchange rate shifted by +0.0073 (+17.71%).

2024 Avg (December) 0.0484

2023 Avg (December) 0.0411

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0430	0.0407	0.0417
February	0.0442	0.0421	0.0431
March	0.0464	0.0436	0.0446
April	0.0477	0.0448	0.0455
May	0.0466	0.0447	0.0456
June	0.0482	0.0446	0.0454
July	0.0465	0.0442	0.0454
August	0.0502	0.0427	0.0458
September	0.0462	0.0423	0.0447
October	0.0513	0.0446	0.0467
November	0.0492	0.0458	0.0471
December	0.0520	0.0458	0.0484