YEARLY HIGH
0.0251 CNY
YEARLY LOW
0.0218 CNY
YEARLY AVERAGE
0.0238 CNY

2024 LKR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0251. Conversely, the yearly low was recorded on January 1, dropping to 0.0218.

This high-to-low spread represents a total annual volatility of 0.0033 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0222 to the December average rate of 0.0250, the exchange rate registered a net change of 12.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0251 was up 2.68% compared to the 2023 peak of 0.0245, 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 126 CNY
2023 Average 108 CNY
Yearly Trough Low 109 CNY
Transaction Impact: A difference of 16.62 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0252
0.0219
JanuMarcMayJulySeptNove

LKR to CNY 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 0.0234, compared to 0.0242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0234
H2 Avg (Jul–Dec) 0.0242

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0009 CNY (High: 0.0244 / Low: 0.0235). On the other end, August was the most stable month, with a tight range of 0.0005 CNY (High: 0.0241 / Low: 0.0236).

May Spread (Volatile) ±0.0009
August Spread (Stable) ±0.0005

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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0250) against the same month in 2023 (average: 0.0218), the exchange rate shifted by +0.0032 (+14.58%).

2024 Avg (December) 0.0250
2023 Avg (December) 0.0218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0225 0.0218 0.0222
February 0.0232 0.0225 0.0229
March 0.0241 0.0232 0.0236
April 0.0244 0.0236 0.0242
May 0.0244 0.0235 0.0239
June 0.0240 0.0233 0.0237
July 0.0240 0.0235 0.0239
August 0.0241 0.0236 0.0238
September 0.0239 0.0231 0.0235
October 0.0243 0.0238 0.0242
November 0.0250 0.0242 0.0247
December 0.0251 0.0246 0.0250