2024 CNY to LKR Historical Review

YEARLY HIGH

45.8851 LKR

YEARLY LOW

39.8137 LKR

YEARLY AVERAGE

42.0611 LKR

2024 CNY to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 45.8851. Conversely, the yearly low was recorded on December 15, dropping to 39.8137.

This high-to-low spread represents a total annual volatility of 6.0714 LKR. From a start-to-finish perspective, comparing the January average rate of 45.1468 to the December average rate of 40.0608, the exchange rate registered a net change of -11.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 45.8851 was down 15.97% compared to the 2023 peak of 54.6064, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,147,127 LKR

2023 Average 1,162,412 LKR

Yearly Trough Low 995,342 LKR

Transaction Impact: A difference of 151,784.47 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

45.6554

39.5522

JanuMarcMayJulySeptNove

CNY 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 42.7349, compared to 41.3873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3476 points.

H1 Avg (Jan–Jun) 42.7349

H2 Avg (Jul–Dec) 41.3873

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.5822 LKR (High: 42.5385 / Low: 40.9562). On the other end, December was the most stable month, with a tight range of 0.8079 LKR (High: 40.6216 / Low: 39.8137).

May Spread (Volatile) ±1.5822

December Spread (Stable) ±0.8079

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 1.5106 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.5106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 45.1468) against the same month in 2023 (average: 53.8514), the exchange rate shifted by -8.7046 (-16.16%).

2024 Avg (January) 45.1468

2023 Avg (January) 53.8514

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.8851	44.4108	45.1468
February	44.4233	43.0127	43.6362
March	43.0873	41.5511	42.3767
April	42.4414	40.9537	41.3638
May	42.5385	40.9562	41.7621
June	42.8733	41.6820	42.1234
July	42.5036	41.6050	41.8334
August	42.4025	41.5344	41.9796
September	43.2782	41.9193	42.5284
October	42.0183	41.0981	41.4052
November	41.3258	40.0599	40.5165
December	40.6216	39.8137	40.0608