2024 LKR to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LKR to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LKR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 2.0764. Conversely, the yearly low was recorded on January 1, dropping to 1.8504.
This high-to-low spread represents a total annual volatility of 0.2260 SDG. From a start-to-finish perspective, comparing the January average rate of 1.8723 to the December average rate of 2.0621, the exchange rate registered a net change of 10.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 2.0764 was up 0.29% compared to the 2023 peak of 2.0704, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
LKR to SDG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.9431, compared to 2.0226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0794 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 0.1123 SDG (High: 2.0259 / Low: 1.9136). On the other end, October was the most stable month, with a tight range of 0.0148 SDG (High: 2.0545 / Low: 2.0396).
Growth Streaks & Declines
TrendsBetween 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 May and June, when the average rate fell by 0.0490 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 2.0621) against the same month in 2023 (average: 1.8394), the exchange rate shifted by +0.2227 (+12.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.9052 | 1.8504 | 1.8723 |
| February | 1.9414 | 1.9052 | 1.9240 |
| March | 2.0030 | 1.9065 | 1.9470 |
| April | 1.9995 | 1.9401 | 1.9616 |
| May | 2.0259 | 1.9136 | 2.0015 |
| June | 1.9990 | 1.9232 | 1.9525 |
| July | 1.9924 | 1.9269 | 1.9592 |
| August | 2.0220 | 1.9837 | 2.0051 |
| September | 2.0308 | 1.9709 | 1.9994 |
| October | 2.0545 | 2.0396 | 2.0492 |
| November | 2.0739 | 2.0445 | 2.0604 |
| December | 2.0764 | 2.0290 | 2.0621 |