YEARLY HIGH
0.0377 TJS
YEARLY LOW
0.0338 TJS
YEARLY AVERAGE
0.0357 TJS

2024 LKR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.0377. Conversely, the yearly low was recorded on January 1, dropping to 0.0338.

This high-to-low spread represents a total annual volatility of 0.0039 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0340 to the December average rate of 0.0374, the exchange rate registered a net change of 9.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0377 was up 0.11% compared to the 2023 peak of 0.0376, 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 188 TJS
2023 Average 165 TJS
Yearly Trough Low 169 TJS
Transaction Impact: A difference of 19.37 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0377
0.0337
JanuMarcMayJulySeptNove

LKR to TJS 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 0.0355, compared to 0.0360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0355
H2 Avg (Jul–Dec) 0.0360

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0013 TJS (High: 0.0368 / Low: 0.0355). On the other end, July was the most stable month, with a tight range of 0.0004 TJS (High: 0.0352 / Low: 0.0348).

May Spread (Volatile) ±0.0013
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0011 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0374) against the same month in 2023 (average: 0.0335), the exchange rate shifted by +0.0039 (+11.74%).

2024 Avg (December) 0.0374
2023 Avg (December) 0.0335

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0346 0.0338 0.0340
February 0.0354 0.0346 0.0350
March 0.0365 0.0353 0.0359
April 0.0369 0.0362 0.0366
May 0.0368 0.0355 0.0362
June 0.0356 0.0347 0.0352
July 0.0352 0.0348 0.0350
August 0.0357 0.0349 0.0354
September 0.0359 0.0348 0.0354
October 0.0364 0.0360 0.0363
November 0.0375 0.0363 0.0365
December 0.0377 0.0369 0.0374