2024 LYD to LKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LYD to LKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LYD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 67.9727. Conversely, the yearly low was recorded on November 30, dropping to 59.3925.
This high-to-low spread represents a total annual volatility of 8.5802 LKR. From a start-to-finish perspective, comparing the January average rate of 66.8129 to the December average rate of 59.6175, the exchange rate registered a net change of -10.77% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 67.9727 was down 12.02% compared to the 2023 peak of 77.2628, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
LYD to LKR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 63.4363, compared to 61.5629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8733 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 2.5480 LKR (High: 67.9727 / Low: 65.4247). On the other end, July was the most stable month, with a tight range of 0.6179 LKR (High: 62.9548 / Low: 62.3370).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.2680 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 66.8129) against the same month in 2023 (average: 76.4888), the exchange rate shifted by -9.6760 (-12.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 67.9727 | 65.4247 | 66.8129 |
| February | 65.4461 | 64.1283 | 64.5449 |
| March | 64.1346 | 62.1004 | 63.2607 |
| April | 62.1493 | 60.8333 | 61.6363 |
| May | 62.2983 | 60.9513 | 61.6876 |
| June | 62.9876 | 62.0073 | 62.6754 |
| July | 62.9548 | 62.3370 | 62.6674 |
| August | 63.4161 | 62.2184 | 62.6434 |
| September | 64.2499 | 62.4818 | 63.2420 |
| October | 62.3090 | 60.7345 | 61.1854 |
| November | 60.9770 | 59.3925 | 60.0220 |
| December | 60.2976 | 59.4034 | 59.6175 |