2024 SOS to LKR Historical Review

YEARLY HIGH

0.5672 LKR

YEARLY LOW

0.5075 LKR

YEARLY AVERAGE

0.5283 LKR

2024 SOS to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.5672. Conversely, the yearly low was recorded on December 11, dropping to 0.5075.

This high-to-low spread represents a total annual volatility of 0.0597 LKR. From a start-to-finish perspective, comparing the January average rate of 0.5620 to the December average rate of 0.5106, the exchange rate registered a net change of -9.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5672 was down 12.58% compared to the 2023 peak of 0.6489, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,836 LKR

2023 Average 2,884 LKR

Yearly Trough Low 2,538 LKR

Transaction Impact: A difference of 298.44 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5671

0.5054

JanuMarcMayJulySeptNove

SOS 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 0.5369, compared to 0.5198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0172 points.

H1 Avg (Jan–Jun) 0.5369

H2 Avg (Jul–Dec) 0.5198

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0172 LKR (High: 0.5426 / Low: 0.5254). On the other end, October was the most stable month, with a tight range of 0.0039 LKR (High: 0.5164 / Low: 0.5125).

March Spread (Volatile) ±0.0172

October Spread (Stable) ±0.0039

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 January and February, when the average rate fell by 0.0157 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.5620) against the same month in 2023 (average: 0.6431), the exchange rate shifted by -0.0811 (-12.61%).

2024 Avg (January) 0.5620

2023 Avg (January) 0.6431

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5672	0.5527	0.5620
February	0.5525	0.5420	0.5463
March	0.5426	0.5254	0.5338
April	0.5285	0.5179	0.5233
May	0.5284	0.5197	0.5241
June	0.5356	0.5261	0.5320
July	0.5352	0.5290	0.5315
August	0.5328	0.5224	0.5258
September	0.5339	0.5185	0.5265
October	0.5164	0.5125	0.5135
November	0.5133	0.5079	0.5107
December	0.5181	0.5075	0.5106