2024 LKR to GNF Historical Review

YEARLY HIGH

29.7479 GNF

YEARLY LOW

26.5379 GNF

YEARLY AVERAGE

28.5524 GNF

2024 LKR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 29.7479. Conversely, the yearly low was recorded on January 5, dropping to 26.5379.

This high-to-low spread represents a total annual volatility of 3.2100 GNF. From a start-to-finish perspective, comparing the January average rate of 26.7756 to the December average rate of 29.5879, the exchange rate registered a net change of 10.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 29.7479 was down 0.23% compared to the 2023 peak of 29.8165, 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 148,739 GNF

2023 Average 131,615 GNF

Yearly Trough Low 132,690 GNF

Transaction Impact: A difference of 16,049.76 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.8691

26.4943

JanuMarcMayJulySeptNove

LKR to GNF 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 28.0427, compared to 29.0622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0195 points.

H1 Avg (Jan–Jun) 28.0427

H2 Avg (Jul–Dec) 29.0622

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.8815 GNF (High: 28.6153 / Low: 27.7338). On the other end, October was the most stable month, with a tight range of 0.1166 GNF (High: 29.4850 / Low: 29.3684).

March Spread (Volatile) ±0.8815

October Spread (Stable) ±0.1166

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 0.4072 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 29.5879) against the same month in 2023 (average: 26.3274), the exchange rate shifted by +3.2605 (+12.38%).

2024 Avg (December) 29.5879

2023 Avg (December) 26.3274

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.2332	26.5379	26.7756
February	27.7731	27.2943	27.5437
March	28.6153	27.7338	28.1799
April	29.0444	28.4657	28.7342
May	28.9510	28.4641	28.7149
June	28.5912	28.1124	28.3077
July	28.5053	28.1568	28.3591
August	29.0146	28.4132	28.7270
September	29.1430	28.3173	28.7218
October	29.4850	29.3684	29.4266
November	29.6723	29.4167	29.5507
December	29.7479	29.1775	29.5879