2024 LKR to SRD Historical Review

YEARLY HIGH

0.1221 SRD

YEARLY LOW

0.0950 SRD

YEARLY AVERAGE

0.1098 SRD

2024 LKR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 0.1221. Conversely, the yearly low was recorded on August 6, dropping to 0.0950.

This high-to-low spread represents a total annual volatility of 0.0271 SRD. From a start-to-finish perspective, comparing the January average rate of 0.1143 to the December average rate of 0.1207, the exchange rate registered a net change of 5.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1221 was down 5.41% compared to the 2023 peak of 0.1291, 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 611 SRD

2023 Average 561 SRD

Yearly Trough Low 475 SRD

Transaction Impact: A difference of 135.66 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1232

0.0935

JanuMarcMayJulySeptNove

LKR to SRD 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 0.1123, compared to 0.1074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.1123

H2 Avg (Jul–Dec) 0.1074

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0133 SRD (High: 0.1174 / Low: 0.1041). On the other end, August was the most stable month, with a tight range of 0.0017 SRD (High: 0.0967 / Low: 0.0950).

October Spread (Volatile) ±0.0133

August Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0068 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1205) against the same month in 2023 (average: 0.1159), the exchange rate shifted by +0.0046 (+4.01%).

2024 Avg (November) 0.1205

2023 Avg (November) 0.1159

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1164	0.1128	0.1143
February	0.1174	0.1137	0.1158
March	0.1173	0.1141	0.1155
April	0.1170	0.1140	0.1158
May	0.1136	0.1065	0.1090
June	0.1069	0.1001	0.1032
July	0.1010	0.0953	0.0978
August	0.0967	0.0950	0.0960
September	0.1037	0.0964	0.0987
October	0.1174	0.1041	0.1108
November	0.1221	0.1173	0.1205
December	0.1220	0.1185	0.1207