YEARLY HIGH
160.6955 LKR
YEARLY LOW
143.9599 LKR
YEARLY AVERAGE
149.7878 LKR

2024 BZD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 160.6955. Conversely, the yearly low was recorded on December 12, dropping to 143.9599.

This high-to-low spread represents a total annual volatility of 16.7356 LKR. From a start-to-finish perspective, comparing the January average rate of 159.2847 to the December average rate of 144.9726, the exchange rate registered a net change of -8.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 160.6955 was down 12.08% compared to the 2023 peak of 182.7716, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 803,478 LKR
2023 Average 815,098 LKR
Yearly Trough Low 719,799 LKR
Transaction Impact: A difference of 83,678.19 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

160.7330
143.3535
JanuMarcMayJulySeptNove

BZD 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 152.2181, compared to 147.3575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.8606 points.

H1 Avg (Jan–Jun) 152.2181
H2 Avg (Jul–Dec) 147.3575

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 4.8536 LKR (High: 153.9071 / Low: 149.0535). On the other end, October was the most stable month, with a tight range of 1.1914 LKR (High: 146.4130 / Low: 145.2215).

March Spread (Volatile) ±4.8536
October Spread (Stable) ±1.1914

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 4.3638 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.3638

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 159.2847) against the same month in 2023 (average: 181.4328), the exchange rate shifted by -22.1481 (-12.21%).

2024 Avg (January) 159.2847
2023 Avg (January) 181.4328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 160.6955 156.7808 159.2847
February 156.7808 153.6539 154.9208
March 153.9071 149.0535 151.3866
April 149.8336 146.8507 148.3910
May 150.1649 147.2574 148.5313
June 151.8136 149.2593 150.7943
July 151.6734 149.9698 150.6528
August 150.5612 147.5270 148.9570
September 151.3653 146.9720 149.2310
October 146.4130 145.2215 145.5298
November 145.4456 144.1924 144.8018
December 147.2284 143.9599 144.9726