2024 LKR to BOB Historical Review

YEARLY HIGH

0.0239 BOB

YEARLY LOW

0.0213 BOB

YEARLY AVERAGE

0.0229 BOB

2024 LKR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0239. Conversely, the yearly low was recorded on January 5, dropping to 0.0213.

This high-to-low spread represents a total annual volatility of 0.0025 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0215 to the December average rate of 0.0237, the exchange rate registered a net change of 10.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0239 was up 0.18% compared to the 2023 peak of 0.0238, 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 119 BOB

2023 Average 105 BOB

Yearly Trough Low 107 BOB

Transaction Impact: A difference of 12.59 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0239

0.0213

JanuMarcMayJulySeptNove

LKR to BOB 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 0.0225, compared to 0.0233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0225

H2 Avg (Jul–Dec) 0.0233

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0008 BOB (High: 0.0231 / Low: 0.0223). On the other end, July was the most stable month, with a tight range of 0.0003 BOB (High: 0.0229 / Low: 0.0226).

March Spread (Volatile) ±0.0008

July Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0237) against the same month in 2023 (average: 0.0212), the exchange rate shifted by +0.0025 (+11.89%).

2024 Avg (December) 0.0237

2023 Avg (December) 0.0212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0219	0.0213	0.0215
February	0.0223	0.0219	0.0221
March	0.0231	0.0223	0.0227
April	0.0234	0.0229	0.0231
May	0.0233	0.0229	0.0231
June	0.0230	0.0226	0.0227
July	0.0229	0.0226	0.0228
August	0.0232	0.0228	0.0230
September	0.0234	0.0226	0.0230
October	0.0237	0.0234	0.0236
November	0.0238	0.0236	0.0237
December	0.0239	0.0234	0.0237