YEARLY HIGH
0.5404 LKR
YEARLY LOW
0.4816 LKR
YEARLY AVERAGE
0.5048 LKR

2024 SDG to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5404. Conversely, the yearly low was recorded on December 15, dropping to 0.4816.

This high-to-low spread represents a total annual volatility of 0.0588 LKR. From a start-to-finish perspective, comparing the January average rate of 0.5341 to the December average rate of 0.4850, the exchange rate registered a net change of -9.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5404 was down 16.00% compared to the 2023 peak of 0.6434, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,702 LKR
2023 Average 2,756 LKR
Yearly Trough Low 2,408 LKR
Transaction Impact: A difference of 294.13 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5391
0.4800
JanuMarcMayJulySeptNove

SDG 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 0.5149, compared to 0.4946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0203 points.

H1 Avg (Jan–Jun) 0.5149
H2 Avg (Jul–Dec) 0.4946

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0290 LKR (High: 0.5226 / Low: 0.4936). On the other end, October was the most stable month, with a tight range of 0.0035 LKR (High: 0.4903 / Low: 0.4867).

May Spread (Volatile) ±0.0290
October Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0144 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.5341) against the same month in 2023 (average: 0.6340), the exchange rate shifted by -0.0999 (-15.75%).

2024 Avg (January) 0.5341
2023 Avg (January) 0.6340

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5404 0.5249 0.5341
February 0.5249 0.5151 0.5198
March 0.5245 0.4993 0.5137
April 0.5154 0.5001 0.5098
May 0.5226 0.4936 0.4997
June 0.5200 0.5002 0.5122
July 0.5190 0.5019 0.5105
August 0.5041 0.4945 0.4987
September 0.5074 0.4924 0.5002
October 0.4903 0.4867 0.4880
November 0.4891 0.4822 0.4853
December 0.4929 0.4816 0.4850