2024 CAD to LKR Historical Review

YEARLY HIGH

245.2380 LKR

YEARLY LOW

201.5309 LKR

YEARLY AVERAGE

220.4018 LKR

2024 CAD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 245.2380. Conversely, the yearly low was recorded on December 18, dropping to 201.5309.

This high-to-low spread represents a total annual volatility of 43.7072 LKR. From a start-to-finish perspective, comparing the January average rate of 239.2528 to the December average rate of 204.5457, the exchange rate registered a net change of -14.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 245.2380 was down 11.19% compared to the 2023 peak of 276.1268, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,226,190 LKR

2023 Average 1,216,457 LKR

Yearly Trough Low 1,007,654 LKR

Transaction Impact: A difference of 218,535.88 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

242.7235

201.0750

JanuMarcMayJulySeptNove

CAD 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 225.8714, compared to 214.9321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.9393 points.

H1 Avg (Jan–Jun) 225.8714

H2 Avg (Jul–Dec) 214.9321

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 10.3934 LKR (High: 245.2380 / Low: 234.8446). On the other end, June was the most stable month, with a tight range of 3.8790 LKR (High: 223.5598 / Low: 219.6807).

January Spread (Volatile) ±10.3934

June Spread (Stable) ±3.8790

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 September and October, when the average rate fell by 8.7225 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -8.7225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 239.2528) against the same month in 2023 (average: 272.5210), the exchange rate shifted by -33.2683 (-12.21%).

2024 Avg (January) 239.2528

2023 Avg (January) 272.5210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	245.2380	234.8446	239.2528
February	235.6796	227.9910	231.4473
March	228.4718	221.4853	225.2244
April	221.4568	215.2758	218.5569
May	221.9914	216.1670	218.9665
June	223.5598	219.6807	221.7808
July	223.6159	218.3675	221.3440
August	223.3343	215.5159	219.5174
September	225.8403	218.9749	222.0605
October	218.5120	210.0997	213.3380
November	211.8695	206.5739	208.7872
December	207.2100	201.5309	204.5457