2024 EUR to LKR Historical Review

YEARLY HIGH

358.4719 LKR

YEARLY LOW

301.6630 LKR

YEARLY AVERAGE

326.6995 LKR

2024 EUR to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 358.4719. Conversely, the yearly low was recorded on December 18, dropping to 301.6630.

This high-to-low spread represents a total annual volatility of 56.8089 LKR. From a start-to-finish perspective, comparing the January average rate of 350.2510 to the December average rate of 305.4702, the exchange rate registered a net change of -12.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 358.4719 was down 11.06% compared to the 2023 peak of 403.0333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,792,360 LKR

2023 Average 1,777,066 LKR

Yearly Trough Low 1,508,315 LKR

Transaction Impact: A difference of 284,044.48 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

354.7291

300.9921

JanuMarcMayJulySeptNove

EUR 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 331.7084, compared to 321.6906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.0178 points.

H1 Avg (Jan–Jun) 331.7084

H2 Avg (Jul–Dec) 321.6906

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 17.6452 LKR (High: 358.4719 / Low: 340.8267). On the other end, June was the most stable month, with a tight range of 4.0830 LKR (High: 329.2610 / Low: 325.1781).

January Spread (Volatile) ±17.6452

June Spread (Stable) ±4.0830

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 14.3807 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -14.3807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 350.2510) against the same month in 2023 (average: 394.5309), the exchange rate shifted by -44.2799 (-11.22%).

2024 Avg (January) 350.2510

2023 Avg (January) 394.5309

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	358.4719	340.8267	350.2510
February	343.0323	334.8389	337.1417
March	336.6076	323.8611	331.5453
April	324.6119	316.3977	320.5653
May	328.6820	318.8926	323.6234
June	329.2610	325.1781	327.1235
July	332.2327	327.0997	329.5056
August	336.0190	326.4299	330.7145
September	341.0686	329.8565	334.2616
October	326.2588	316.3412	319.8809
November	320.4951	303.1362	310.3108
December	308.4425	301.6630	305.4702