2024 FKP to LKR Historical Review

YEARLY HIGH

413.3972 LKR

YEARLY LOW

364.6042 LKR

YEARLY AVERAGE

385.7465 LKR

2024 FKP to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 413.3972. Conversely, the yearly low was recorded on November 23, dropping to 364.6042.

This high-to-low spread represents a total annual volatility of 48.7931 LKR. From a start-to-finish perspective, comparing the January average rate of 407.9568 to the December average rate of 368.5412, the exchange rate registered a net change of -9.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 413.3972 was down 9.10% compared to the 2023 peak of 454.8068, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,066,986 LKR

2023 Average 2,041,360 LKR

Yearly Trough Low 1,823,021 LKR

Transaction Impact: A difference of 243,965.30 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

411.8984

364.5997

JanuMarcMayJulySeptNove

FKP 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 388.0777, compared to 383.4153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.6624 points.

H1 Avg (Jan–Jun) 388.0777

H2 Avg (Jul–Dec) 383.4153

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 17.7043 LKR (High: 382.3085 / Low: 364.6042). On the other end, June was the most stable month, with a tight range of 5.5303 LKR (High: 388.4675 / Low: 382.9372).

November Spread (Volatile) ±17.7043

June Spread (Stable) ±5.5303

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 September and October, when the average rate fell by 14.8171 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -14.8171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 407.9568) against the same month in 2023 (average: 447.7866), the exchange rate shifted by -39.8298 (-8.89%).

2024 Avg (January) 407.9568

2023 Avg (January) 447.7866

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	413.3972	399.9723	407.9568
February	402.0814	391.2581	394.5066
March	395.4643	378.8469	387.5590
April	378.9224	370.4703	374.0274
May	385.8712	371.1238	378.1847
June	388.4675	382.9372	386.2317
July	395.0471	386.0838	390.6844
August	398.1020	382.0066	388.3811
September	406.9638	391.8565	397.7501
October	391.4147	377.6085	382.9331
November	382.3085	364.6042	372.2021
December	371.5420	365.6883	368.5412