YEARLY HIGH
0.0382 SEK
YEARLY LOW
0.0310 SEK
YEARLY AVERAGE
0.0351 SEK

2024 LKR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0382. Conversely, the yearly low was recorded on January 1, dropping to 0.0310.

This high-to-low spread represents a total annual volatility of 0.0072 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0322 to the December average rate of 0.0377, the exchange rate registered a net change of 16.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0382 was up 2.26% compared to the 2023 peak of 0.0374, 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 191 SEK
2023 Average 162 SEK
Yearly Trough Low 155 SEK
Transaction Impact: A difference of 35.92 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0382
0.0317
JanuMarcMayJulySeptNove

LKR to SEK 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 0.0344, compared to 0.0357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0344
H2 Avg (Jul–Dec) 0.0357

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0024 SEK (High: 0.0356 / Low: 0.0332). On the other end, June was the most stable month, with a tight range of 0.0008 SEK (High: 0.0350 / Low: 0.0342).

March Spread (Volatile) ±0.0024
June Spread (Stable) ±0.0008

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 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0377) against the same month in 2023 (average: 0.0313), the exchange rate shifted by +0.0063 (+20.23%).

2024 Avg (December) 0.0377
2023 Avg (December) 0.0313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0330 0.0310 0.0322
February 0.0339 0.0329 0.0334
March 0.0356 0.0332 0.0342
April 0.0371 0.0353 0.0362
May 0.0366 0.0350 0.0359
June 0.0350 0.0342 0.0346
July 0.0358 0.0340 0.0350
August 0.0354 0.0338 0.0346
September 0.0346 0.0333 0.0340
October 0.0364 0.0348 0.0357
November 0.0381 0.0362 0.0373
December 0.0382 0.0373 0.0377