2024 LKR to SHP Historical Review

YEARLY HIGH

0.0027 SHP

YEARLY LOW

0.0024 SHP

YEARLY AVERAGE

0.0026 SHP

2024 LKR to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.0027. Conversely, the yearly low was recorded on January 1, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 0.0003 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0027, the exchange rate registered a net change of 10.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0027 was down 0.95% compared to the 2023 peak of 0.0028, 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 14 SHP

2023 Average 12 SHP

Yearly Trough Low 12 SHP

Transaction Impact: A difference of 1.62 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0027

0.0024

JanuMarcMayJulySeptNove

LKR to SHP 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 0.0026, compared to 0.0026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0026

H2 Avg (Jul–Dec) 0.0026

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0001 SHP (High: 0.0027 / Low: 0.0026). On the other end, June was the most stable month, with a tight range of 0.0000 SHP (High: 0.0026 / Low: 0.0026).

November Spread (Volatile) ±0.0001

June Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0027) against the same month in 2023 (average: 0.0025), the exchange rate shifted by +0.0002 (+9.44%).

2024 Avg (November) 0.0027

2023 Avg (November) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0025	0.0024	0.0025
February	0.0026	0.0025	0.0025
March	0.0026	0.0025	0.0026
April	0.0027	0.0026	0.0027
May	0.0027	0.0026	0.0026
June	0.0026	0.0026	0.0026
July	0.0026	0.0025	0.0026
August	0.0026	0.0025	0.0026
September	0.0026	0.0025	0.0025
October	0.0026	0.0026	0.0026
November	0.0027	0.0026	0.0027
December	0.0027	0.0027	0.0027