2024 LKR to NPR Historical Review

YEARLY HIGH

0.4680 NPR

YEARLY LOW

0.4107 NPR

YEARLY AVERAGE

0.4438 NPR

2024 LKR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.4680. Conversely, the yearly low was recorded on January 5, dropping to 0.4107.

This high-to-low spread represents a total annual volatility of 0.0572 NPR. From a start-to-finish perspective, comparing the January average rate of 0.4142 to the December average rate of 0.4658, the exchange rate registered a net change of 12.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4680 was up 3.05% compared to the 2023 peak of 0.4541, 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 2,340 NPR

2023 Average 2,017 NPR

Yearly Trough Low 2,054 NPR

Transaction Impact: A difference of 286.16 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4710

0.4090

JanuMarcMayJulySeptNove

LKR to NPR 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 0.4343, compared to 0.4533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0190 points.

H1 Avg (Jan–Jun) 0.4343

H2 Avg (Jul–Dec) 0.4533

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0164 NPR (High: 0.4439 / Low: 0.4275). On the other end, October was the most stable month, with a tight range of 0.0050 NPR (High: 0.4594 / Low: 0.4544).

March Spread (Volatile) ±0.0164

October Spread (Stable) ±0.0050

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 0.0063 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4658) against the same month in 2023 (average: 0.4080), the exchange rate shifted by +0.0578 (+14.17%).

2024 Avg (December) 0.4658

2023 Avg (December) 0.4080

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4204	0.4107	0.4142
February	0.4283	0.4204	0.4252
March	0.4439	0.4275	0.4354
April	0.4504	0.4422	0.4460
May	0.4504	0.4409	0.4457
June	0.4439	0.4356	0.4393
July	0.4431	0.4368	0.4405
August	0.4514	0.4415	0.4471
September	0.4513	0.4383	0.4458
October	0.4594	0.4544	0.4583
November	0.4656	0.4590	0.4622
December	0.4680	0.4602	0.4658