YEARLY HIGH
434.7028 LKR
YEARLY LOW
379.9504 LKR
YEARLY AVERAGE
400.8369 LKR

2024 XDR to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 434.7028. Conversely, the yearly low was recorded on December 1, dropping to 379.9504.

This high-to-low spread represents a total annual volatility of 54.7523 LKR. From a start-to-finish perspective, comparing the January average rate of 428.6628 to the December average rate of 382.6023, the exchange rate registered a net change of -10.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 434.7028 was down 12.49% compared to the 2023 peak of 496.7717, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,173,514 LKR
2023 Average 2,191,864 LKR
Yearly Trough Low 1,899,752 LKR
Transaction Impact: A difference of 273,761.66 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

433.2688
377.9963
JanuMarcMayJulySeptNove

XDR 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 406.7391, compared to 394.9347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.8043 points.

H1 Avg (Jan–Jun) 406.7391
H2 Avg (Jul–Dec) 394.9347

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 13.9446 LKR (High: 411.7132 / Low: 397.7686). On the other end, July was the most stable month, with a tight range of 3.6933 LKR (High: 403.0805 / Low: 399.3872).

March Spread (Volatile) ±13.9446
July Spread (Stable) ±3.6933

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 14.1218 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -14.1218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 428.6628) against the same month in 2023 (average: 491.3290), the exchange rate shifted by -62.6662 (-12.75%).

2024 Avg (January) 428.6628
2023 Avg (January) 491.3290

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 434.7028 420.8499 428.6628
February 420.8499 411.0319 414.5410
March 411.7132 397.7686 405.5749
April 397.7690 389.1069 394.8772
May 399.5150 391.4574 395.5787
June 403.0244 398.1341 401.1999
July 403.0805 399.3872 401.4379
August 404.9803 397.7232 400.8227
September 411.7832 401.4409 405.8711
October 399.8854 389.7327 392.9978
November 391.1461 379.9504 385.8767
December 386.2321 379.9504 382.6023