2024 JPY to LKR Historical Review

YEARLY HIGH

2.3017 LKR

YEARLY LOW

1.8529 LKR

YEARLY AVERAGE

1.9954 LKR

2024 JPY to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.3017. Conversely, the yearly low was recorded on December 27, dropping to 1.8529.

This high-to-low spread represents a total annual volatility of 0.4488 LKR. From a start-to-finish perspective, comparing the January average rate of 2.1967 to the December average rate of 1.8943, the exchange rate registered a net change of -13.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3017 was down 19.72% compared to the 2023 peak of 2.8672, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 1,150,842 LKR

2023 Average 1,172,895 LKR

Yearly Trough Low 926,466 LKR

Transaction Impact: A difference of 224,375.74 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2270

1.8640

JanuMarcMayJulySeptNove

JPY 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 2.0178, compared to 1.9730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0448 points.

H1 Avg (Jan–Jun) 2.0178

H2 Avg (Jul–Dec) 1.9730

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1559 LKR (High: 2.3017 / Low: 2.1457). On the other end, June was the most stable month, with a tight range of 0.0482 LKR (High: 1.9480 / Low: 1.8998).

January Spread (Volatile) ±0.1559

June Spread (Stable) ±0.0482

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1447 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.1967) against the same month in 2023 (average: 2.8097), the exchange rate shifted by -0.6130 (-21.82%).

2024 Avg (January) 2.1967

2023 Avg (January) 2.8097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3017	2.1457	2.1967
February	2.1538	2.0547	2.0876
March	2.0924	1.9817	2.0367
April	1.9811	1.8757	1.9414
May	1.9563	1.9065	1.9218
June	1.9480	1.8998	1.9226
July	2.0190	1.8794	1.9275
August	2.0882	2.0102	2.0517
September	2.1461	2.0370	2.1032
October	2.0513	1.9135	1.9584
November	1.9421	1.8666	1.9029
December	1.9434	1.8529	1.8943