2024 XAF to LKR Historical Review

YEARLY HIGH

0.5465 LKR

YEARLY LOW

0.4599 LKR

YEARLY AVERAGE

0.4981 LKR

2024 XAF to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5465. Conversely, the yearly low was recorded on December 18, dropping to 0.4599.

This high-to-low spread represents a total annual volatility of 0.0866 LKR. From a start-to-finish perspective, comparing the January average rate of 0.5340 to the December average rate of 0.4657, the exchange rate registered a net change of -12.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5465 was down 11.06% compared to the 2023 peak of 0.6144, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,732 LKR

2023 Average 2,709 LKR

Yearly Trough Low 2,299 LKR

Transaction Impact: A difference of 433.02 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5408

0.4589

JanuMarcMayJulySeptNove

XAF 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 0.5057, compared to 0.4904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0153 points.

H1 Avg (Jan–Jun) 0.5057

H2 Avg (Jul–Dec) 0.4904

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0269 LKR (High: 0.5465 / Low: 0.5196). On the other end, June was the most stable month, with a tight range of 0.0062 LKR (High: 0.5020 / Low: 0.4957).

January Spread (Volatile) ±0.0269

June Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0219 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.5340) against the same month in 2023 (average: 0.6015), the exchange rate shifted by -0.0675 (-11.22%).

2024 Avg (January) 0.5340

2023 Avg (January) 0.6015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5465	0.5196	0.5340
February	0.5229	0.5105	0.5140
March	0.5132	0.4937	0.5054
April	0.4949	0.4823	0.4887
May	0.5011	0.4861	0.4934
June	0.5020	0.4957	0.4987
July	0.5065	0.4987	0.5023
August	0.5123	0.4976	0.5042
September	0.5200	0.5029	0.5096
October	0.4974	0.4823	0.4877
November	0.4886	0.4621	0.4731
December	0.4702	0.4599	0.4657