2024 BTN to LKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BTN to LKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BTN to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 3.8954. Conversely, the yearly low was recorded on December 27, dropping to 3.4190.
This high-to-low spread represents a total annual volatility of 0.4764 LKR. From a start-to-finish perspective, comparing the January average rate of 3.8630 to the December average rate of 3.4339, the exchange rate registered a net change of -11.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 3.8954 was down 13.66% compared to the 2023 peak of 4.5120, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BTN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BTN to LKR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.6869, compared to 3.5313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1556 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 0.1382 LKR (High: 3.7425 / Low: 3.6043). On the other end, October was the most stable month, with a tight range of 0.0379 LKR (High: 3.5209 / Low: 3.4829).
Growth Streaks & Declines
TrendsBetween 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 0.0995 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 3.8630) against the same month in 2023 (average: 4.4698), the exchange rate shifted by -0.6068 (-13.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.8954 | 3.8055 | 3.8630 |
| February | 3.8055 | 3.7361 | 3.7635 |
| March | 3.7425 | 3.6043 | 3.6755 |
| April | 3.6184 | 3.5524 | 3.5873 |
| May | 3.6389 | 3.5528 | 3.5905 |
| June | 3.6726 | 3.6044 | 3.6413 |
| July | 3.6630 | 3.6108 | 3.6326 |
| August | 3.6238 | 3.5449 | 3.5789 |
| September | 3.6505 | 3.5451 | 3.5897 |
| October | 3.5209 | 3.4829 | 3.4913 |
| November | 3.4858 | 3.4362 | 3.4613 |
| December | 3.4767 | 3.4190 | 3.4339 |