2024 LSL to LKR Historical Review

YEARLY HIGH

17.5378 LKR

YEARLY LOW

15.4963 LKR

YEARLY AVERAGE

16.4742 LKR

2024 LSL to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LSL to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 17.5378. Conversely, the yearly low was recorded on April 27, dropping to 15.4963.

This high-to-low spread represents a total annual volatility of 2.0415 LKR. From a start-to-finish perspective, comparing the January average rate of 17.0838 to the December average rate of 16.0082, the exchange rate registered a net change of -6.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.5378 was down 19.58% compared to the 2023 peak of 21.8067, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LSL based on timing:

Yearly Peak High 87,689 LKR

2023 Average 89,189 LKR

Yearly Trough Low 77,482 LKR

Transaction Impact: A difference of 10,207.39 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.2076

15.7223

JanuMarcMayJulySeptNove

LSL to LKR 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 16.3881, compared to 16.5603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1722 points.

H1 Avg (Jan–Jun) 16.3881

H2 Avg (Jul–Dec) 16.5603

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.1398 LKR (High: 17.0381 / Low: 15.8984). On the other end, July was the most stable month, with a tight range of 0.4227 LKR (High: 16.8606 / Low: 16.4378).

June Spread (Volatile) ±1.1398

July Spread (Stable) ±0.4227

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.6255 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6255

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 17.0838) against the same month in 2023 (average: 21.3831), the exchange rate shifted by -4.2993 (-20.11%).

2024 Avg (January) 17.0838

2023 Avg (January) 21.3831

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.5378	16.6909	17.0838
February	16.9597	16.0876	16.4583
March	16.4746	15.8292	16.1708
April	16.1581	15.4963	15.8461
May	16.5847	15.9667	16.2684
June	17.0381	15.8984	16.5010
July	16.8606	16.4378	16.6494
August	16.9689	16.1773	16.6369
September	17.4857	16.6755	17.0831
October	17.0533	16.5358	16.6982
November	16.8173	15.9970	16.2860
December	16.4433	15.5430	16.0082