YEARLY HIGH
66.9157 LKR
YEARLY LOW
43.6970 LKR
YEARLY AVERAGE
56.3126 LKR

2024 BRL to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 66.9157. Conversely, the yearly low was recorded on December 25, dropping to 43.6970.

This high-to-low spread represents a total annual volatility of 23.2187 LKR. From a start-to-finish perspective, comparing the January average rate of 65.4030 to the December average rate of 47.6627, the exchange rate registered a net change of -27.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 66.9157 was down 7.64% compared to the 2023 peak of 72.4548, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 1,672,892 LKR
2023 Average 1,643,836 LKR
Yearly Trough Low 1,092,426 LKR
Transaction Impact: A difference of 580,466.67 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

67.1770
45.8887
JanuMarcMayJulySeptNove

BRL 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 60.4061, compared to 52.2192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.1869 points.

H1 Avg (Jan–Jun) 60.4061
H2 Avg (Jul–Dec) 52.2192

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 4.9797 LKR (High: 48.6768 / Low: 43.6970). On the other end, May was the most stable month, with a tight range of 1.6860 LKR (High: 59.0145 / Low: 57.3285).

December Spread (Volatile) ±4.9797
May Spread (Stable) ±1.6860

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 March and April, when the average rate fell by 2.8602 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.8602

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 65.4030) against the same month in 2023 (average: 70.5182), the exchange rate shifted by -5.1152 (-7.25%).

2024 Avg (January) 65.4030
2023 Avg (January) 70.5182

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 66.9157 63.6823 65.4030
February 64.1628 62.1899 62.9106
March 62.5852 59.8287 61.1924
April 59.6232 56.7564 58.3323
May 59.0145 57.3285 58.2594
June 57.4909 54.6579 56.3387
July 56.1444 53.4461 54.8033
August 55.2639 52.2310 54.0132
September 56.1794 52.8324 54.3155
October 54.3491 50.5587 52.2264
November 51.5709 48.3181 50.2939
December 48.6768 43.6970 47.6627