2024 BND to LKR Historical Review

YEARLY HIGH

245.4907 LKR

YEARLY LOW

215.0622 LKR

YEARLY AVERAGE

225.9349 LKR

2024 BND to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 245.4907. Conversely, the yearly low was recorded on December 31, dropping to 215.0622.

This high-to-low spread represents a total annual volatility of 30.4284 LKR. From a start-to-finish perspective, comparing the January average rate of 240.4656 to the December average rate of 216.0762, the exchange rate registered a net change of -10.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 245.4907 was down 12.38% compared to the 2023 peak of 280.1858, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,227,453 LKR

2023 Average 1,223,562 LKR

Yearly Trough Low 1,075,311 LKR

Transaction Impact: A difference of 152,142.16 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

242.9046

213.6372

JanuMarcMayJulySeptNove

BND 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 227.8388, compared to 224.0309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.8079 points.

H1 Avg (Jan–Jun) 227.8388

H2 Avg (Jul–Dec) 224.0309

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 9.7001 LKR (High: 245.4907 / Low: 235.7906). On the other end, July was the most stable month, with a tight range of 2.3602 LKR (High: 226.7654 / Low: 224.4051).

January Spread (Volatile) ±9.7001

July Spread (Stable) ±2.3602

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 8.1913 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -8.1913

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 240.4656) against the same month in 2023 (average: 275.6239), the exchange rate shifted by -35.1583 (-12.76%).

2024 Avg (January) 240.4656

2023 Avg (January) 275.6239

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	245.4907	235.7906	240.4656
February	235.7906	230.2332	232.2743
March	230.9384	222.3826	227.5086
April	222.7333	217.4701	220.4751
May	223.9670	218.4520	221.4806
June	226.0347	222.5610	224.8287
July	226.7654	224.4051	225.4918
August	230.9539	225.8642	228.0192
September	236.1190	228.3382	232.0688
October	229.1984	221.3450	224.0395
November	222.8073	215.8432	218.4899
December	218.1847	215.0622	216.0762