YEARLY HIGH
0.0083 TOP
YEARLY LOW
0.0072 TOP
YEARLY AVERAGE
0.0079 TOP

2024 LKR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0083. Conversely, the yearly low was recorded on January 1, dropping to 0.0072.

This high-to-low spread represents a total annual volatility of 0.0011 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0082, the exchange rate registered a net change of 11.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0083 was up 0.85% compared to the 2023 peak of 0.0082, 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 41 TOP
2023 Average 36 TOP
Yearly Trough Low 36 TOP
Transaction Impact: A difference of 5.49 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0083
0.0073
JanuMarcMayJulySeptNove

LKR to TOP 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 0.0077, compared to 0.0080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0077
H2 Avg (Jul–Dec) 0.0080

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0003 TOP (High: 0.0075 / Low: 0.0072). On the other end, June was the most stable month, with a tight range of 0.0001 TOP (High: 0.0079 / Low: 0.0077).

January Spread (Volatile) ±0.0003
June Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0082) against the same month in 2023 (average: 0.0073), the exchange rate shifted by +0.0009 (+12.62%).

2024 Avg (November) 0.0082
2023 Avg (November) 0.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0075 0.0072 0.0073
February 0.0077 0.0075 0.0076
March 0.0079 0.0077 0.0078
April 0.0081 0.0079 0.0080
May 0.0080 0.0078 0.0079
June 0.0079 0.0077 0.0078
July 0.0079 0.0077 0.0078
August 0.0080 0.0078 0.0079
September 0.0079 0.0077 0.0078
October 0.0081 0.0079 0.0080
November 0.0083 0.0081 0.0082
December 0.0083 0.0081 0.0082