2024 LKR to BBD Historical Review

YEARLY HIGH

0.0069 BBD

YEARLY LOW

0.0062 BBD

YEARLY AVERAGE

0.0066 BBD

2024 LKR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0069. Conversely, the yearly low was recorded on January 1, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0007 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0069, the exchange rate registered a net change of 10.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0069 was up 0.20% compared to the 2023 peak of 0.0069, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35 BBD

2023 Average 31 BBD

Yearly Trough Low 31 BBD

Transaction Impact: A difference of 3.73 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0069

0.0062

JanuMarcMayJulySeptNove

LKR to BBD 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 0.0065, compared to 0.0067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0065

H2 Avg (Jul–Dec) 0.0067

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0002 BBD (High: 0.0067 / Low: 0.0064). On the other end, October was the most stable month, with a tight range of 0.0000 BBD (High: 0.0068 / Low: 0.0068).

March Spread (Volatile) ±0.0002

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0069) against the same month in 2023 (average: 0.0061), the exchange rate shifted by +0.0007 (+12.01%).

2024 Avg (December) 0.0069

2023 Avg (December) 0.0061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0063	0.0062	0.0062
February	0.0065	0.0063	0.0064
March	0.0067	0.0064	0.0066
April	0.0067	0.0066	0.0067
May	0.0067	0.0066	0.0067
June	0.0067	0.0065	0.0066
July	0.0066	0.0065	0.0066
August	0.0067	0.0066	0.0067
September	0.0068	0.0066	0.0066
October	0.0068	0.0068	0.0068
November	0.0069	0.0068	0.0069
December	0.0069	0.0067	0.0069