2024 LKR to XOF Historical Review

YEARLY HIGH

2.1745 XOF

YEARLY LOW

1.8299 XOF

YEARLY AVERAGE

2.0105 XOF

2024 LKR to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.1745. Conversely, the yearly low was recorded on January 1, dropping to 1.8299.

This high-to-low spread represents a total annual volatility of 0.3446 XOF. From a start-to-finish perspective, comparing the January average rate of 1.8731 to the December average rate of 2.1474, the exchange rate registered a net change of 14.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1745 was up 3.09% compared to the 2023 peak of 2.1093, 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 10,872 XOF

2023 Average 9,256 XOF

Yearly Trough Low 9,149 XOF

Transaction Impact: A difference of 1,723.00 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1748

1.8456

JanuMarcMayJulySeptNove

LKR to XOF 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 1.9794, compared to 2.0416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0622 points.

H1 Avg (Jan–Jun) 1.9794

H2 Avg (Jul–Dec) 2.0416

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1172 XOF (High: 2.1639 / Low: 2.0467). On the other end, June was the most stable month, with a tight range of 0.0250 XOF (High: 2.0172 / Low: 1.9922).

November Spread (Volatile) ±0.1172

June Spread (Stable) ±0.0250

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 0.0218 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.1474) against the same month in 2023 (average: 1.8380), the exchange rate shifted by +0.3094 (+16.83%).

2024 Avg (December) 2.1474

2023 Avg (December) 1.8380

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9246	1.8299	1.8731
February	1.9590	1.9122	1.9457
March	2.0254	1.9487	1.9788
April	2.0732	2.0207	2.0464
May	2.0570	1.9957	2.0271
June	2.0172	1.9922	2.0053
July	2.0054	1.9744	1.9908
August	2.0095	1.9521	1.9836
September	1.9886	1.9232	1.9626
October	2.0736	2.0105	2.0508
November	2.1639	2.0467	2.1144
December	2.1745	2.1267	2.1474