YEARLY HIGH
0.0158 LKR
YEARLY LOW
0.0132 LKR
YEARLY AVERAGE
0.0140 LKR

2024 LAK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0158. Conversely, the yearly low was recorded on November 18, dropping to 0.0132.

This high-to-low spread represents a total annual volatility of 0.0026 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0155 to the December average rate of 0.0133, the exchange rate registered a net change of -14.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0158 was down 27.94% compared to the 2023 peak of 0.0219, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79 LKR
2023 Average 89 LKR
Yearly Trough Low 66 LKR
Transaction Impact: A difference of 12.79 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0158
0.0131
JanuMarcMayJulySeptNove

LAK 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 0.0145, compared to 0.0135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0145
H2 Avg (Jul–Dec) 0.0135

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0006 LKR (High: 0.0149 / Low: 0.0142). On the other end, October was the most stable month, with a tight range of 0.0001 LKR (High: 0.0134 / Low: 0.0133).

March Spread (Volatile) ±0.0006
October Spread (Stable) ±0.0001

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 0.0006 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0155) against the same month in 2023 (average: 0.0215), the exchange rate shifted by -0.0060 (-27.78%).

2024 Avg (January) 0.0155
2023 Avg (January) 0.0215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0158 0.0152 0.0155
February 0.0152 0.0148 0.0150
March 0.0149 0.0142 0.0146
April 0.0142 0.0139 0.0141
May 0.0141 0.0139 0.0140
June 0.0141 0.0139 0.0139
July 0.0138 0.0136 0.0137
August 0.0137 0.0135 0.0136
September 0.0138 0.0134 0.0136
October 0.0134 0.0133 0.0134
November 0.0134 0.0132 0.0133
December 0.0135 0.0132 0.0133