2024 ARS to LKR Historical Review

YEARLY HIGH

0.4006 LKR

YEARLY LOW

0.2835 LKR

YEARLY AVERAGE

0.3320 LKR

2024 ARS to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4006. Conversely, the yearly low was recorded on December 30, dropping to 0.2835.

This high-to-low spread represents a total annual volatility of 0.1170 LKR. From a start-to-finish perspective, comparing the January average rate of 0.3926 to the December average rate of 0.2860, the exchange rate registered a net change of -27.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4006 was down 80.74% compared to the 2023 peak of 2.0796, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,003 LKR

2023 Average 6,322 LKR

Yearly Trough Low 1,418 LKR

Transaction Impact: A difference of 585.18 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4033

0.2754

JanuMarcMayJulySeptNove

ARS 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 0.3574, compared to 0.3066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0509 points.

H1 Avg (Jan–Jun) 0.3574

H2 Avg (Jul–Dec) 0.3066

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0188 LKR (High: 0.4006 / Low: 0.3817). On the other end, June was the most stable month, with a tight range of 0.0025 LKR (High: 0.3376 / Low: 0.3351).

January Spread (Volatile) ±0.0188

June Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0182 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3926) against the same month in 2023 (average: 2.0095), the exchange rate shifted by -1.6169 (-80.46%).

2024 Avg (January) 0.3926

2023 Avg (January) 2.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4006	0.3817	0.3926
February	0.3815	0.3678	0.3745
March	0.3683	0.3501	0.3586
April	0.3493	0.3382	0.3446
May	0.3416	0.3360	0.3380
June	0.3376	0.3351	0.3364
July	0.3344	0.3244	0.3293
August	0.3254	0.3147	0.3189
September	0.3174	0.3058	0.3133
October	0.3041	0.2956	0.2998
November	0.2970	0.2871	0.2922
December	0.2890	0.2835	0.2860