YEARLY HIGH
2.0764 SDG
YEARLY LOW
1.8504 SDG
YEARLY AVERAGE
1.9829 SDG

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LKR based on timing:

Yearly Peak High 10,382 SDG
2023 Average 9,113 SDG
Yearly Trough Low 9,252 SDG
Transaction Impact: A difference of 1,130.06 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0811
1.8533
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1.9431
H2 Avg (Jul–Dec) 2.0226

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±0.1123
October Spread (Stable) ±0.0148

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 May and June, when the average rate fell by 0.0490 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0490

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (December) 2.0621
2023 Avg (December) 1.8394

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