2024 BBD to LKR Historical Review

YEARLY HIGH

162.4010 LKR

YEARLY LOW

144.8442 LKR

YEARLY AVERAGE

150.9220 LKR

2024 BBD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 162.4010. Conversely, the yearly low was recorded on December 15, dropping to 144.8442.

This high-to-low spread represents a total annual volatility of 17.5568 LKR. From a start-to-finish perspective, comparing the January average rate of 160.5090 to the December average rate of 145.8522, 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 162.4010 was down 11.83% compared to the 2023 peak of 184.1972, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 812,005 LKR

2023 Average 821,066 LKR

Yearly Trough Low 724,221 LKR

Transaction Impact: A difference of 87,784.14 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

161.9747

144.3865

JanuMarcMayJulySeptNove

BBD 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 153.3785, compared to 148.4656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.9129 points.

H1 Avg (Jan–Jun) 153.3785

H2 Avg (Jul–Dec) 148.4656

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 5.0190 LKR (High: 155.0454 / Low: 150.0264). On the other end, October was the most stable month, with a tight range of 1.0651 LKR (High: 147.4528 / Low: 146.3877).

March Spread (Volatile) ±5.0190

October Spread (Stable) ±1.0651

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 4.3459 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.3459

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 160.5090) against the same month in 2023 (average: 182.8587), the exchange rate shifted by -22.3497 (-12.22%).

2024 Avg (January) 160.5090

2023 Avg (January) 182.8587

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	162.4010	157.7251	160.5090
February	157.7251	154.7813	156.1631
March	155.0454	150.0264	152.4844
April	151.0229	148.3197	149.4947
May	151.2200	148.2063	149.6363
June	153.0437	150.3247	151.9834
July	152.8586	150.8263	151.7841
August	151.6081	148.7354	149.9943
September	152.5966	148.0954	150.4267
October	147.4528	146.3877	146.7675
November	147.1022	145.0134	145.9689
December	148.2284	144.8442	145.8522