YEARLY HIGH
0.5397 JPY
YEARLY LOW
0.4345 JPY
YEARLY AVERAGE
0.5023 JPY

2024 LKR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.5397. Conversely, the yearly low was recorded on January 1, dropping to 0.4345.

This high-to-low spread represents a total annual volatility of 0.1052 JPY. From a start-to-finish perspective, comparing the January average rate of 0.4554 to the December average rate of 0.5280, the exchange rate registered a net change of 15.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5397 was up 11.94% compared to the 2023 peak of 0.4821, 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 2,698 JPY
2023 Average 2,149 JPY
Yearly Trough Low 2,172 JPY
Transaction Impact: A difference of 526.10 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5353
0.4481
JanuMarcMayJulySeptNove

LKR to JPY 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 0.4969, compared to 0.5077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.4969
H2 Avg (Jul–Dec) 0.5077

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0368 JPY (High: 0.5321 / Low: 0.4953). On the other end, June was the most stable month, with a tight range of 0.0130 JPY (High: 0.5264 / Low: 0.5134).

July Spread (Volatile) ±0.0368
June Spread (Stable) ±0.0130

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0316 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5280) against the same month in 2023 (average: 0.4397), the exchange rate shifted by +0.0883 (+20.09%).

2024 Avg (December) 0.5280
2023 Avg (December) 0.4397

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4660 0.4345 0.4554
February 0.4867 0.4643 0.4791
March 0.5046 0.4779 0.4912
April 0.5331 0.5048 0.5152
May 0.5245 0.5112 0.5204
June 0.5264 0.5134 0.5201
July 0.5321 0.4953 0.5190
August 0.4975 0.4789 0.4874
September 0.4909 0.4660 0.4756
October 0.5226 0.4875 0.5107
November 0.5357 0.5149 0.5256
December 0.5397 0.5146 0.5280