2024 CRC to LKR Historical Review

YEARLY HIGH

0.6238 LKR

YEARLY LOW

0.5642 LKR

YEARLY AVERAGE

0.5855 LKR

2024 CRC to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.6238. Conversely, the yearly low was recorded on October 7, dropping to 0.5642.

This high-to-low spread represents a total annual volatility of 0.0596 LKR. From a start-to-finish perspective, comparing the January average rate of 0.6210 to the December average rate of 0.5767, the exchange rate registered a net change of -7.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6238 was down 6.24% compared to the 2023 peak of 0.6654, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,119 LKR

2023 Average 3,031 LKR

Yearly Trough Low 2,821 LKR

Transaction Impact: A difference of 298.11 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6262

0.5633

JanuMarcMayJulySeptNove

CRC 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 0.5970, compared to 0.5741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0229 points.

H1 Avg (Jan–Jun) 0.5970

H2 Avg (Jul–Dec) 0.5741

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0202 LKR (High: 0.6027 / Low: 0.5826). On the other end, November was the most stable month, with a tight range of 0.0049 LKR (High: 0.5740 / Low: 0.5692).

April Spread (Volatile) ±0.0202

November Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between October and December, 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 0.0154 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6210) against the same month in 2023 (average: 0.6366), the exchange rate shifted by -0.0157 (-2.46%).

2024 Avg (January) 0.6210

2023 Avg (January) 0.6366

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6238	0.6162	0.6210
February	0.6162	0.6004	0.6056
March	0.6059	0.5919	0.5997
April	0.6027	0.5826	0.5932
May	0.5893	0.5774	0.5838
June	0.5852	0.5689	0.5785
July	0.5826	0.5686	0.5765
August	0.5806	0.5651	0.5718
September	0.5880	0.5688	0.5792
October	0.5720	0.5642	0.5686
November	0.5740	0.5692	0.5718
December	0.5831	0.5719	0.5767