2024 SBD to LKR Historical Review

YEARLY HIGH

38.5634 LKR

YEARLY LOW

34.5543 LKR

YEARLY AVERAGE

35.8332 LKR

2024 SBD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 38.5634. Conversely, the yearly low was recorded on December 15, dropping to 34.5543.

This high-to-low spread represents a total annual volatility of 4.0091 LKR. From a start-to-finish perspective, comparing the January average rate of 38.1225 to the December average rate of 34.8126, the exchange rate registered a net change of -8.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 38.5634 was down 14.19% compared to the 2023 peak of 44.9411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 192,817 LKR

2023 Average 196,822 LKR

Yearly Trough Low 172,772 LKR

Transaction Impact: A difference of 20,045.35 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

38.4535

34.4816

JanuMarcMayJulySeptNove

SBD 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 36.2586, compared to 35.4079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8506 points.

H1 Avg (Jan–Jun) 36.2586

H2 Avg (Jul–Dec) 35.4079

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.5356 LKR (High: 36.5848 / Low: 35.0492). On the other end, July was the most stable month, with a tight range of 0.5015 LKR (High: 36.2254 / Low: 35.7239).

March Spread (Volatile) ±1.5356

July Spread (Stable) ±0.5015

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 1.1742 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1742

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 38.1225) against the same month in 2023 (average: 44.2517), the exchange rate shifted by -6.1292 (-13.85%).

2024 Avg (January) 38.1225

2023 Avg (January) 44.2517

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.5634	37.4380	38.1225
February	37.5326	36.4994	36.9484
March	36.5848	35.0492	36.0241
April	35.7867	34.9841	35.2631
May	35.6249	34.8877	35.2703
June	36.2688	35.4139	35.9229
July	36.2254	35.7239	35.9275
August	35.7737	35.1043	35.3800
September	36.7396	35.2680	36.0735
October	35.6222	35.0782	35.3352
November	35.3186	34.5961	34.9187
December	35.3617	34.5543	34.8126