2024 BIF to LKR Historical Review

YEARLY HIGH

0.1137 LKR

YEARLY LOW

0.0982 LKR

YEARLY AVERAGE

0.1047 LKR

2024 BIF to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1137. Conversely, the yearly low was recorded on December 12, dropping to 0.0982.

This high-to-low spread represents a total annual volatility of 0.0155 LKR. From a start-to-finish perspective, comparing the January average rate of 0.1125 to the December average rate of 0.0990, the exchange rate registered a net change of -12.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1137 was down 36.08% compared to the 2023 peak of 0.1779, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 569 LKR

2023 Average 663 LKR

Yearly Trough Low 491 LKR

Transaction Impact: A difference of 77.64 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1139

0.0976

JanuMarcMayJulySeptNove

BIF 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 0.1071, compared to 0.1023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.1071

H2 Avg (Jul–Dec) 0.1023

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0032 LKR (High: 0.1082 / Low: 0.1049). On the other end, July was the most stable month, with a tight range of 0.0013 LKR (High: 0.1063 / Low: 0.1050).

March Spread (Volatile) ±0.0032

July Spread (Stable) ±0.0013

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 0.0033 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1125) against the same month in 2023 (average: 0.1768), the exchange rate shifted by -0.0643 (-36.36%).

2024 Avg (January) 0.1125

2023 Avg (January) 0.1768

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1137	0.1106	0.1125
February	0.1103	0.1083	0.1092
March	0.1082	0.1049	0.1066
April	0.1054	0.1032	0.1043
May	0.1052	0.1034	0.1043
June	0.1064	0.1046	0.1057
July	0.1063	0.1050	0.1054
August	0.1053	0.1034	0.1041
September	0.1052	0.1022	0.1040
October	0.1016	0.0993	0.1010
November	0.1011	0.0984	0.0999
December	0.1003	0.0982	0.0990