2024 MDL to LKR Historical Review

YEARLY HIGH

18.7421 LKR

YEARLY LOW

15.8299 LKR

YEARLY AVERAGE

17.0281 LKR

2024 MDL to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 18.7421. Conversely, the yearly low was recorded on December 7, dropping to 15.8299.

This high-to-low spread represents a total annual volatility of 2.9121 LKR. From a start-to-finish perspective, comparing the January average rate of 18.2187 to the December average rate of 15.9249, the exchange rate registered a net change of -12.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.7421 was down 4.68% compared to the 2023 peak of 19.6630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93,710 LKR

2023 Average 90,702 LKR

Yearly Trough Low 79,150 LKR

Transaction Impact: A difference of 14,560.73 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.4481

15.6955

JanuMarcMayJulySeptNove

MDL 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 17.3356, compared to 16.7206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6150 points.

H1 Avg (Jan–Jun) 17.3356

H2 Avg (Jul–Dec) 16.7206

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.9193 LKR (High: 18.7421 / Low: 17.8228). On the other end, June was the most stable month, with a tight range of 0.2011 LKR (High: 17.2458 / Low: 17.0447).

January Spread (Volatile) ±0.9193

June Spread (Stable) ±0.2011

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 0.7102 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 18.2187) against the same month in 2023 (average: 19.2585), the exchange rate shifted by -1.0399 (-5.40%).

2024 Avg (January) 18.2187

2023 Avg (January) 19.2585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.7421	17.8228	18.2187
February	17.7724	17.3646	17.5457
March	17.5092	17.0190	17.2760
April	17.0823	16.6579	16.8686
May	17.1543	16.7800	16.9495
June	17.2458	17.0447	17.1550
July	17.2947	17.0706	17.1467
August	17.4421	16.9704	17.1577
September	17.5699	17.0635	17.3121
October	16.9756	16.3590	16.6019
November	16.4936	15.8821	16.1803
December	16.1479	15.8299	15.9249