YEARLY HIGH
0.0093 XCD
YEARLY LOW
0.0083 XCD
YEARLY AVERAGE
0.0090 XCD

2024 LKR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0093. Conversely, the yearly low was recorded on January 1, dropping to 0.0083.

This high-to-low spread represents a total annual volatility of 0.0010 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0084 to the December average rate of 0.0093, 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 0.0093 was up 0.20% compared to the 2023 peak of 0.0093, 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 47 XCD
2023 Average 41 XCD
Yearly Trough Low 42 XCD
Transaction Impact: A difference of 5.04 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0093
0.0083
JanuMarcMayJulySeptNove

LKR to XCD 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 0.0088, compared to 0.0091 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) 0.0088
H2 Avg (Jul–Dec) 0.0091

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0003 XCD (High: 0.0090 / Low: 0.0087). On the other end, October was the most stable month, with a tight range of 0.0001 XCD (High: 0.0092 / Low: 0.0092).

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: 0.0093) against the same month in 2023 (average: 0.0083), the exchange rate shifted by +0.0010 (+12.01%).

2024 Avg (December) 0.0093
2023 Avg (December) 0.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0086 0.0083 0.0084
February 0.0087 0.0086 0.0087
March 0.0090 0.0087 0.0089
April 0.0091 0.0089 0.0090
May 0.0091 0.0089 0.0090
June 0.0090 0.0088 0.0089
July 0.0090 0.0088 0.0089
August 0.0091 0.0089 0.0090
September 0.0091 0.0089 0.0090
October 0.0092 0.0092 0.0092
November 0.0093 0.0092 0.0093
December 0.0093 0.0091 0.0093