2024 WST to LKR Historical Review

YEARLY HIGH

116.0007 LKR

YEARLY LOW

103.4601 LKR

YEARLY AVERAGE

107.8015 LKR

2024 WST to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 116.0007. Conversely, the yearly low was recorded on December 15, dropping to 103.4601.

This high-to-low spread represents a total annual volatility of 12.5406 LKR. From a start-to-finish perspective, comparing the January average rate of 114.6493 to the December average rate of 104.1801, 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 116.0007 was down 15.06% compared to the 2023 peak of 136.5663, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 580,004 LKR

2023 Average 601,309 LKR

Yearly Trough Low 517,301 LKR

Transaction Impact: A difference of 62,702.96 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

115.6962

103.1332

JanuMarcMayJulySeptNove

WST 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 109.5561, compared to 106.0469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5092 points.

H1 Avg (Jan–Jun) 109.5561

H2 Avg (Jul–Dec) 106.0469

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 3.5850 LKR (High: 110.7467 / Low: 107.1617). On the other end, October was the most stable month, with a tight range of 0.7608 LKR (High: 105.3234 / Low: 104.5626).

March Spread (Volatile) ±3.5850

October Spread (Stable) ±0.7608

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 3.1042 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.1042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 114.6493) against the same month in 2023 (average: 135.5739), the exchange rate shifted by -20.9246 (-15.43%).

2024 Avg (January) 114.6493

2023 Avg (January) 135.5739

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	116.0007	112.6608	114.6493
February	112.6608	110.5581	111.5451
March	110.7467	107.1617	108.9175
April	107.8735	105.9426	106.7819
May	108.0143	105.8616	106.8830
June	109.3169	107.3748	108.5596
July	109.1847	107.7331	108.4172
August	108.2915	106.2395	107.1388
September	108.9976	105.7824	107.4476
October	105.3234	104.5626	104.8339
November	105.0730	103.5810	104.2635
December	105.8774	103.4601	104.1801