2024 LBP to LKR Historical Review

YEARLY HIGH

0.0216 LKR

YEARLY LOW

0.0032 LKR

YEARLY AVERAGE

0.0059 LKR

2024 LBP to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0216. Conversely, the yearly low was recorded on November 18, dropping to 0.0032.

This high-to-low spread represents a total annual volatility of 0.0184 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0214 to the December average rate of 0.0033, the exchange rate registered a net change of -84.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0216 was down 91.12% compared to the 2023 peak of 0.2430, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 108 LKR

2023 Average 216 LKR

Yearly Trough Low 16 LKR

Transaction Impact: A difference of 91.79 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0232

0.0014

JanuMarcMayJulySeptNove

LBP 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 0.0085, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.0085

H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0175 LKR (High: 0.0210 / Low: 0.0035). On the other end, October was the most stable month, with a tight range of 0.0000 LKR (High: 0.0033 / Low: 0.0033).

February Spread (Volatile) ±0.0175

October Spread (Stable) ±0.0000

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 February and March, when the average rate fell by 0.0126 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0214) against the same month in 2023 (average: 0.2413), the exchange rate shifted by -0.2199 (-91.15%).

2024 Avg (January) 0.0214

2023 Avg (January) 0.2413

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0216	0.0210	0.0214
February	0.0210	0.0035	0.0160
March	0.0035	0.0033	0.0034
April	0.0034	0.0033	0.0033
May	0.0034	0.0033	0.0033
June	0.0034	0.0034	0.0034
July	0.0034	0.0034	0.0034
August	0.0034	0.0033	0.0034
September	0.0034	0.0033	0.0034
October	0.0033	0.0033	0.0033
November	0.0033	0.0032	0.0033
December	0.0033	0.0032	0.0033