2024 SEK to LKR Historical Review

YEARLY HIGH

32.2396 LKR

YEARLY LOW

26.1762 LKR

YEARLY AVERAGE

28.5707 LKR

2024 SEK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 32.2396. Conversely, the yearly low was recorded on December 18, dropping to 26.1762.

This high-to-low spread represents a total annual volatility of 6.0634 LKR. From a start-to-finish perspective, comparing the January average rate of 31.0322 to the December average rate of 26.5312, the exchange rate registered a net change of -14.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 32.2396 was down 9.67% compared to the 2023 peak of 35.6910, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 161,198 LKR

2023 Average 154,936 LKR

Yearly Trough Low 130,881 LKR

Transaction Impact: A difference of 30,316.77 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

31.4823

26.0811

JanuMarcMayJulySeptNove

SEK 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 29.1037, compared to 28.0376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0661 points.

H1 Avg (Jan–Jun) 29.1037

H2 Avg (Jul–Dec) 28.0376

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.0006 LKR (High: 30.0783 / Low: 28.0778). On the other end, December was the most stable month, with a tight range of 0.6516 LKR (High: 26.8279 / Low: 26.1762).

March Spread (Volatile) ±2.0006

December Spread (Stable) ±0.6516

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 March and April, when the average rate fell by 1.6269 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.6269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 31.0322) against the same month in 2023 (average: 35.2002), the exchange rate shifted by -4.1680 (-11.84%).

2024 Avg (January) 31.0322

2023 Avg (January) 35.2002

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.2396	30.3185	31.0322
February	30.3767	29.5088	29.9295
March	30.0783	28.0778	29.2586
April	28.3040	26.9211	27.6318
May	28.5620	27.2973	27.8463
June	29.2341	28.5377	28.9239
July	29.4299	27.9379	28.5539
August	29.5794	28.2417	28.8664
September	30.0602	28.9241	29.4337
October	28.7272	27.4568	28.0219
November	27.6391	26.2808	26.8186
December	26.8279	26.1762	26.5312