2024 XCD to LKR Historical Review

YEARLY HIGH

120.1836 LKR

YEARLY LOW

107.1908 LKR

YEARLY AVERAGE

111.6886 LKR

2024 XCD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 120.1836. Conversely, the yearly low was recorded on December 15, dropping to 107.1908.

This high-to-low spread represents a total annual volatility of 12.9928 LKR. From a start-to-finish perspective, comparing the January average rate of 118.7833 to the December average rate of 107.9367, 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 120.1836 was down 11.83% compared to the 2023 peak of 136.3137, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 600,918 LKR

2023 Average 607,623 LKR

Yearly Trough Low 535,954 LKR

Transaction Impact: A difference of 64,963.93 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

119.8680

106.8520

JanuMarcMayJulySeptNove

XCD 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 113.5065, compared to 109.8707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6357 points.

H1 Avg (Jan–Jun) 113.5065

H2 Avg (Jul–Dec) 109.8707

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 3.7143 LKR (High: 114.7401 / Low: 111.0258). On the other end, October was the most stable month, with a tight range of 0.7882 LKR (High: 109.1213 / Low: 108.3330).

March Spread (Volatile) ±3.7143

October Spread (Stable) ±0.7882

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 3.2161 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.2161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 118.7833) against the same month in 2023 (average: 135.3230), the exchange rate shifted by -16.5397 (-12.22%).

2024 Avg (January) 118.7833

2023 Avg (January) 135.3230

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	120.1836	116.7231	118.7833
February	116.7231	114.5446	115.5672
March	114.7401	111.0258	112.8449
April	111.7632	109.7627	110.6323
May	111.9091	109.6789	110.7371
June	113.2587	111.2466	112.4741
July	113.1217	111.6178	112.3266
August	112.1963	110.0704	111.0020
September	112.9279	109.5968	111.3220
October	109.1213	108.3330	108.6141
November	108.8618	107.3160	108.0231
December	109.6952	107.1908	107.9367