YEARLY HIGH
0.0146 LKR
YEARLY LOW
0.0130 LKR
YEARLY AVERAGE
0.0135 LKR

2024 STD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the STD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0146. Conversely, the yearly low was recorded on December 15, dropping to 0.0130.

This high-to-low spread represents a total annual volatility of 0.0016 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0144 to the December average rate of 0.0131, the exchange rate registered a net change of -9.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0146 was down 9.69% compared to the 2023 peak of 0.0161, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73 LKR
2023 Average 73 LKR
Yearly Trough Low 65 LKR
Transaction Impact: A difference of 7.88 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0145
0.0130
JanuMarcMayJulySeptNove

STD 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 0.0138, compared to 0.0133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0138
H2 Avg (Jul–Dec) 0.0133

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0005 LKR (High: 0.0139 / Low: 0.0135). On the other end, October was the most stable month, with a tight range of 0.0001 LKR (High: 0.0132 / Low: 0.0131).

March Spread (Volatile) ±0.0005
October Spread (Stable) ±0.0001

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0144) against the same month in 2023 (average: 0.0160), the exchange rate shifted by -0.0016 (-10.09%).

2024 Avg (January) 0.0144
2023 Avg (January) 0.0160

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0146 0.0142 0.0144
February 0.0142 0.0139 0.0140
March 0.0139 0.0135 0.0137
April 0.0136 0.0133 0.0134
May 0.0136 0.0133 0.0134
June 0.0137 0.0135 0.0136
July 0.0137 0.0135 0.0136
August 0.0136 0.0134 0.0135
September 0.0137 0.0133 0.0135
October 0.0132 0.0131 0.0132
November 0.0132 0.0130 0.0131
December 0.0133 0.0130 0.0131