2024 LKR to INR Historical Review

YEARLY HIGH

0.2935 INR

YEARLY LOW

0.2562 INR

YEARLY AVERAGE

0.2775 INR

2024 LKR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2935. Conversely, the yearly low was recorded on January 1, dropping to 0.2562.

This high-to-low spread represents a total annual volatility of 0.0373 INR. From a start-to-finish perspective, comparing the January average rate of 0.2589 to the December average rate of 0.2914, the exchange rate registered a net change of 12.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2935 was up 3.32% compared to the 2023 peak of 0.2840, 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 1,467 INR

2023 Average 1,261 INR

Yearly Trough Low 1,281 INR

Transaction Impact: A difference of 186.58 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2947

0.2556

JanuMarcMayJulySeptNove

LKR to INR 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 0.2715, compared to 0.2834 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) 0.2715

H2 Avg (Jul–Dec) 0.2834

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0107 INR (High: 0.2779 / Low: 0.2672). On the other end, October was the most stable month, with a tight range of 0.0028 INR (High: 0.2872 / Low: 0.2845).

March Spread (Volatile) ±0.0107

October Spread (Stable) ±0.0028

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: 0.2914) against the same month in 2023 (average: 0.2548), the exchange rate shifted by +0.0366 (+14.38%).

2024 Avg (December) 0.2914

2023 Avg (December) 0.2548

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2633	0.2562	0.2589
February	0.2678	0.2629	0.2657
March	0.2779	0.2672	0.2724
April	0.2815	0.2760	0.2790
May	0.2813	0.2751	0.2785
June	0.2776	0.2724	0.2747
July	0.2770	0.2731	0.2754
August	0.2818	0.2762	0.2796
September	0.2830	0.2736	0.2786
October	0.2872	0.2845	0.2863
November	0.2915	0.2868	0.2890
December	0.2935	0.2871	0.2914