2024 LKR to YER Historical Review

YEARLY HIGH

0.8637 YER

YEARLY LOW

0.7704 YER

YEARLY AVERAGE

0.8298 YER

2024 LKR to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.8637. Conversely, the yearly low was recorded on January 1, dropping to 0.7704.

This high-to-low spread represents a total annual volatility of 0.0933 YER. From a start-to-finish perspective, comparing the January average rate of 0.7799 to the December average rate of 0.8573, 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 0.8637 was up 0.15% compared to the 2023 peak of 0.8625, 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 4,319 YER

2023 Average 3,823 YER

Yearly Trough Low 3,852 YER

Transaction Impact: A difference of 466.71 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8650

0.7721

JanuMarcMayJulySeptNove

LKR to YER 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 0.8166, compared to 0.8429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0263 points.

H1 Avg (Jan–Jun) 0.8166

H2 Avg (Jul–Dec) 0.8429

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0271 YER (High: 0.8344 / Low: 0.8073). On the other end, October was the most stable month, with a tight range of 0.0064 YER (High: 0.8552 / Low: 0.8487).

March Spread (Volatile) ±0.0271

October Spread (Stable) ±0.0064

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 0.0125 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8573) against the same month in 2023 (average: 0.7658), the exchange rate shifted by +0.0915 (+11.94%).

2024 Avg (December) 0.8573

2023 Avg (December) 0.7658

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7936	0.7704	0.7799
February	0.8087	0.7935	0.8014
March	0.8344	0.8073	0.8210
April	0.8440	0.8288	0.8374
May	0.8446	0.8277	0.8362
June	0.8329	0.8178	0.8237
July	0.8298	0.8189	0.8247
August	0.8415	0.8256	0.8345
September	0.8451	0.8202	0.8321
October	0.8552	0.8487	0.8529
November	0.8615	0.8492	0.8561
December	0.8637	0.8429	0.8573