2024 SVC to LKR Historical Review

YEARLY HIGH

37.0189 LKR

YEARLY LOW

33.1612 LKR

YEARLY AVERAGE

34.5021 LKR

2024 SVC to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 37.0189. Conversely, the yearly low was recorded on December 12, dropping to 33.1612.

This high-to-low spread represents a total annual volatility of 3.8577 LKR. From a start-to-finish perspective, comparing the January average rate of 36.6938 to the December average rate of 33.3477, the exchange rate registered a net change of -9.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 37.0189 was down 12.08% compared to the 2023 peak of 42.1046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 185,094 LKR

2023 Average 187,756 LKR

Yearly Trough Low 165,806 LKR

Transaction Impact: A difference of 19,288.25 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

37.0284

33.0131

JanuMarcMayJulySeptNove

SVC 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 35.0668, compared to 33.9375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1293 points.

H1 Avg (Jan–Jun) 35.0668

H2 Avg (Jul–Dec) 33.9375

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.1191 LKR (High: 35.4555 / Low: 34.3365). On the other end, October was the most stable month, with a tight range of 0.2743 LKR (High: 33.7261 / Low: 33.4518).

March Spread (Volatile) ±1.1191

October Spread (Stable) ±0.2743

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 1.0054 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 36.6938) against the same month in 2023 (average: 41.7952), the exchange rate shifted by -5.1014 (-12.21%).

2024 Avg (January) 36.6938

2023 Avg (January) 41.7952

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.0189	36.1169	36.6938
February	36.1169	35.3978	35.6884
March	35.4555	34.3365	34.8744
April	34.5181	33.8287	34.1915
May	34.5094	33.9225	34.2139
June	34.9717	34.3828	34.7388
July	34.9384	34.5487	34.7006
August	34.6852	33.9834	34.3157
September	34.8694	33.8586	34.3775
October	33.7261	33.4518	33.5249
November	33.5072	33.2179	33.3585
December	33.8396	33.1612	33.3477