2024 GNF to LKR Historical Review

YEARLY HIGH

0.0377 LKR

YEARLY LOW

0.0336 LKR

YEARLY AVERAGE

0.0351 LKR

2024 GNF to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0377. Conversely, the yearly low was recorded on December 13, dropping to 0.0336.

This high-to-low spread represents a total annual volatility of 0.0041 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0373 to the December average rate of 0.0338, the exchange rate registered a net change of -9.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0377 was down 12.05% compared to the 2023 peak of 0.0428, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 188 LKR

2023 Average 191 LKR

Yearly Trough Low 168 LKR

Transaction Impact: A difference of 20.33 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0377

0.0334

JanuMarcMayJulySeptNove

GNF 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 0.0357, compared to 0.0344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0357

H2 Avg (Jul–Dec) 0.0344

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0011 LKR (High: 0.0361 / Low: 0.0349). On the other end, October was the most stable month, with a tight range of 0.0001 LKR (High: 0.0341 / Low: 0.0339).

March Spread (Volatile) ±0.0011

October Spread (Stable) ±0.0001

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 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0373) against the same month in 2023 (average: 0.0422), the exchange rate shifted by -0.0049 (-11.50%).

2024 Avg (January) 0.0373

2023 Avg (January) 0.0422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0377	0.0367	0.0373
February	0.0366	0.0360	0.0363
March	0.0361	0.0349	0.0355
April	0.0351	0.0344	0.0348
May	0.0351	0.0345	0.0348
June	0.0356	0.0350	0.0353
July	0.0355	0.0351	0.0353
August	0.0352	0.0345	0.0348
September	0.0353	0.0343	0.0348
October	0.0341	0.0339	0.0340
November	0.0340	0.0337	0.0338
December	0.0343	0.0336	0.0338