2024 IRR to LKR Historical Review

YEARLY HIGH

0.0077 LKR

YEARLY LOW

0.0069 LKR

YEARLY AVERAGE

0.0072 LKR

2024 IRR to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IRR to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0077. Conversely, the yearly low was recorded on December 15, dropping to 0.0069.

This high-to-low spread represents a total annual volatility of 0.0009 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0076 to the December average rate of 0.0069, the exchange rate registered a net change of -9.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0077 was down 12.25% compared to the 2023 peak of 0.0088, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39 LKR

2023 Average 39 LKR

Yearly Trough Low 34 LKR

Transaction Impact: A difference of 4.29 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0077

0.0068

JanuMarcMayJulySeptNove

IRR 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 0.0073, compared to 0.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0073

H2 Avg (Jul–Dec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0002 LKR (High: 0.0074 / Low: 0.0071). On the other end, October was the most stable month, with a tight range of 0.0001 LKR (High: 0.0070 / Low: 0.0070).

March Spread (Volatile) ±0.0002

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 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0076) against the same month in 2023 (average: 0.0087), the exchange rate shifted by -0.0011 (-12.46%).

2024 Avg (January) 0.0076

2023 Avg (January) 0.0087

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0077	0.0075	0.0076
February	0.0075	0.0074	0.0074
March	0.0074	0.0071	0.0073
April	0.0072	0.0070	0.0071
May	0.0072	0.0070	0.0071
June	0.0073	0.0071	0.0072
July	0.0073	0.0072	0.0072
August	0.0072	0.0071	0.0071
September	0.0073	0.0070	0.0071
October	0.0070	0.0070	0.0070
November	0.0070	0.0069	0.0069
December	0.0070	0.0069	0.0069