YEARLY HIGH
0.0097 WST
YEARLY LOW
0.0086 WST
YEARLY AVERAGE
0.0093 WST

2024 LKR to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0097. Conversely, the yearly low was recorded on January 1, dropping to 0.0086.

This high-to-low spread represents a total annual volatility of 0.0010 WST. From a start-to-finish perspective, comparing the January average rate of 0.0087 to the December average rate of 0.0096, the exchange rate registered a net change of 10.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0097 was up 2.94% compared to the 2023 peak of 0.0094, 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 48 WST
2023 Average 42 WST
Yearly Trough Low 43 WST
Transaction Impact: A difference of 5.22 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0097
0.0086
JanuMarcMayJulySeptNove

LKR to WST 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 0.0091, compared to 0.0094 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) 0.0091
H2 Avg (Jul–Dec) 0.0094

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0003 WST (High: 0.0093 / Low: 0.0090). On the other end, October was the most stable month, with a tight range of 0.0001 WST (High: 0.0096 / Low: 0.0095).

March Spread (Volatile) ±0.0003
October 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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0096) against the same month in 2023 (average: 0.0086), the exchange rate shifted by +0.0010 (+12.01%).

2024 Avg (December) 0.0096
2023 Avg (December) 0.0086

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0089 0.0086 0.0087
February 0.0090 0.0089 0.0090
March 0.0093 0.0090 0.0092
April 0.0094 0.0093 0.0094
May 0.0094 0.0093 0.0094
June 0.0093 0.0091 0.0092
July 0.0093 0.0092 0.0092
August 0.0094 0.0092 0.0093
September 0.0095 0.0092 0.0093
October 0.0096 0.0095 0.0095
November 0.0097 0.0095 0.0096
December 0.0097 0.0094 0.0096