YEARLY HIGH
76.9164 STD
YEARLY LOW
68.6012 STD
YEARLY AVERAGE
73.8730 STD

2024 LKR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 76.9164. Conversely, the yearly low was recorded on January 1, dropping to 68.6012.

This high-to-low spread represents a total annual volatility of 8.3153 STD. From a start-to-finish perspective, comparing the January average rate of 69.4128 to the December average rate of 76.3874, the exchange rate registered a net change of 10.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 76.9164 was down 2.18% compared to the 2023 peak of 78.6288, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 384,582 STD
2023 Average 344,992 STD
Yearly Trough Low 343,006 STD
Transaction Impact: A difference of 41,576.35 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

77.0848
68.7154
JanuMarcMayJulySeptNove

LKR to STD 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 72.6852, compared to 75.0608 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3757 points.

H1 Avg (Jan–Jun) 72.6852
H2 Avg (Jul–Dec) 75.0608

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.4039 STD (High: 74.2596 / Low: 71.8557). On the other end, October was the most stable month, with a tight range of 0.5497 STD (High: 76.1054 / Low: 75.5557).

March Spread (Volatile) ±2.4039
October Spread (Stable) ±0.5497

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.1500 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 76.3874) against the same month in 2023 (average: 68.1958), the exchange rate shifted by +8.1916 (+12.01%).

2024 Avg (December) 76.3874
2023 Avg (December) 68.1958

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 70.6349 68.6012 69.4128
February 71.9783 70.6349 71.3429
March 74.2596 71.8557 73.0690
April 75.1141 73.7696 74.5256
May 75.1716 73.6734 74.4554
June 74.1122 72.7956 73.3054
July 73.8657 72.8837 73.4003
August 74.9042 73.4849 74.2771
September 75.2279 73.0088 74.0665
October 76.1054 75.5557 75.9090
November 76.8267 75.7358 76.3249
December 76.9164 75.1604 76.3874