2024 FJD to LKR Historical Review

YEARLY HIGH

147.9770 LKR

YEARLY LOW

124.8792 LKR

YEARLY AVERAGE

134.2135 LKR

2024 FJD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 147.9770. Conversely, the yearly low was recorded on December 15, dropping to 124.8792.

This high-to-low spread represents a total annual volatility of 23.0978 LKR. From a start-to-finish perspective, comparing the January average rate of 143.7437 to the December average rate of 126.4342, the exchange rate registered a net change of -12.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 147.9770 was down 12.97% compared to the 2023 peak of 170.0289, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 739,885 LKR

2023 Average 736,935 LKR

Yearly Trough Low 624,396 LKR

Transaction Impact: A difference of 115,489.13 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

145.4746

124.7033

JanuMarcMayJulySeptNove

FJD 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 136.3094, compared to 132.1176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1918 points.

H1 Avg (Jan–Jun) 136.3094

H2 Avg (Jul–Dec) 132.1176

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 7.1668 LKR (High: 147.9770 / Low: 140.8102). On the other end, July was the most stable month, with a tight range of 2.8268 LKR (High: 136.6371 / Low: 133.8103).

January Spread (Volatile) ±7.1668

July Spread (Stable) ±2.8268

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 4.8808 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.8808

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 143.7437) against the same month in 2023 (average: 167.9186), the exchange rate shifted by -24.1749 (-14.40%).

2024 Avg (January) 143.7437

2023 Avg (January) 167.9186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	147.9770	140.8102	143.7437
February	141.1284	136.1104	138.8628
March	138.1128	132.6326	135.4550
April	133.4369	129.7919	131.9250
May	135.5360	130.1410	132.6554
June	136.7560	133.0013	135.2145
July	136.6371	133.8103	135.2879
August	136.6683	131.8524	134.4867
September	138.7234	133.3732	136.2657
October	134.5460	128.7262	131.4208
November	131.1884	126.6570	128.8104
December	128.1339	124.8792	126.4342