2024 LKR to IRR Historical Review

YEARLY HIGH

145.8464 IRR

YEARLY LOW

129.6328 IRR

YEARLY AVERAGE

139.5506 IRR

2024 LKR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 145.8464. Conversely, the yearly low was recorded on January 1, dropping to 129.6328.

This high-to-low spread represents a total annual volatility of 16.2136 IRR. From a start-to-finish perspective, comparing the January average rate of 130.9914 to the December average rate of 144.6155, the exchange rate registered a net change of 10.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 145.8464 was up 0.08% compared to the 2023 peak of 145.7238, 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 729,232 IRR

2023 Average 644,843 IRR

Yearly Trough Low 648,164 IRR

Transaction Impact: A difference of 81,067.81 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

145.9779

129.6290

JanuMarcMayJulySeptNove

LKR to IRR 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 137.2294, compared to 141.8718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6424 points.

H1 Avg (Jan–Jun) 137.2294

H2 Avg (Jul–Dec) 141.8718

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 4.5524 IRR (High: 140.1337 / Low: 135.5812). On the other end, October was the most stable month, with a tight range of 1.0691 IRR (High: 143.8010 / Low: 142.7319).

March Spread (Volatile) ±4.5524

October Spread (Stable) ±1.0691

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 2.0962 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.0962

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 144.6155) against the same month in 2023 (average: 129.2493), the exchange rate shifted by +15.3662 (+11.89%).

2024 Avg (December) 144.6155

2023 Avg (December) 129.2493

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	133.2857	129.6328	130.9914
February	135.8126	133.2857	134.6044
March	140.1337	135.5812	137.8664
April	142.3834	139.2587	140.7212
May	141.9052	139.0771	140.6445
June	140.4460	137.5424	138.5483
July	139.5230	137.6681	138.6984
August	141.5013	138.8201	140.3368
September	142.1382	137.9208	139.9605
October	143.8010	142.7319	143.4326
November	145.1331	143.0723	144.1868
December	145.8464	142.5166	144.6155