2024 RSD to LKR Historical Review

YEARLY HIGH

3.0619 LKR

YEARLY LOW

2.5788 LKR

YEARLY AVERAGE

2.7900 LKR

2024 RSD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 3.0619. Conversely, the yearly low was recorded on December 18, dropping to 2.5788.

This high-to-low spread represents a total annual volatility of 0.4830 LKR. From a start-to-finish perspective, comparing the January average rate of 2.9877 to the December average rate of 2.6118, the exchange rate registered a net change of -12.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.0619 was down 10.81% compared to the 2023 peak of 3.4329, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,309 LKR

2023 Average 15,148 LKR

Yearly Trough Low 12,894 LKR

Transaction Impact: A difference of 2,415.01 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.0253

2.5742

JanuMarcMayJulySeptNove

RSD 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 2.8310, compared to 2.7489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0821 points.

H1 Avg (Jan–Jun) 2.8310

H2 Avg (Jul–Dec) 2.7489

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1534 LKR (High: 3.0619 / Low: 2.9084). On the other end, June was the most stable month, with a tight range of 0.0399 LKR (High: 2.8143 / Low: 2.7744).

January Spread (Volatile) ±0.1534

June Spread (Stable) ±0.0399

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1223 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.9877) against the same month in 2023 (average: 3.3612), the exchange rate shifted by -0.3735 (-11.11%).

2024 Avg (January) 2.9877

2023 Avg (January) 3.3612

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0619	2.9084	2.9877
February	2.9272	2.8571	2.8766
March	2.8726	2.7662	2.8288
April	2.7709	2.7031	2.7371
May	2.8063	2.7167	2.7621
June	2.8143	2.7744	2.7938
July	2.8387	2.7939	2.8145
August	2.8711	2.7911	2.8261
September	2.9125	2.8184	2.8557
October	2.7871	2.7010	2.7333
November	2.7386	2.5901	2.6520
December	2.6365	2.5788	2.6118