YEARLY HIGH
0.2925 BTN
YEARLY LOW
0.2567 BTN
YEARLY AVERAGE
0.2774 BTN

2024 LKR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.2925. Conversely, the yearly low was recorded on January 5, dropping to 0.2567.

This high-to-low spread represents a total annual volatility of 0.0358 BTN. From a start-to-finish perspective, comparing the January average rate of 0.2589 to the December average rate of 0.2912, the exchange rate registered a net change of 12.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2925 was up 3.05% compared to the 2023 peak of 0.2838, 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 1,462 BTN
2023 Average 1,261 BTN
Yearly Trough Low 1,284 BTN
Transaction Impact: A difference of 178.85 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2945
0.2556
JanuMarcMayJulySeptNove

LKR to BTN 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 0.2714, compared to 0.2833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.2714
H2 Avg (Jul–Dec) 0.2833

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0102 BTN (High: 0.2774 / Low: 0.2672). On the other end, October was the most stable month, with a tight range of 0.0031 BTN (High: 0.2871 / Low: 0.2840).

March Spread (Volatile) ±0.0102
October Spread (Stable) ±0.0031

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 0.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2912) against the same month in 2023 (average: 0.2550), the exchange rate shifted by +0.0362 (+14.20%).

2024 Avg (December) 0.2912
2023 Avg (December) 0.2550

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2628 0.2567 0.2589
February 0.2677 0.2628 0.2657
March 0.2774 0.2672 0.2721
April 0.2815 0.2764 0.2788
May 0.2815 0.2748 0.2785
June 0.2774 0.2723 0.2746
July 0.2769 0.2730 0.2753
August 0.2821 0.2760 0.2794
September 0.2821 0.2739 0.2786
October 0.2871 0.2840 0.2864
November 0.2910 0.2869 0.2889
December 0.2925 0.2876 0.2912