2024 NAD to LKR Historical Review

YEARLY HIGH

17.5378 LKR

YEARLY LOW

15.4962 LKR

YEARLY AVERAGE

16.4751 LKR

2024 NAD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 17.5378. Conversely, the yearly low was recorded on April 27, dropping to 15.4962.

This high-to-low spread represents a total annual volatility of 2.0415 LKR. From a start-to-finish perspective, comparing the January average rate of 17.0900 to the December average rate of 16.0082, the exchange rate registered a net change of -6.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.5378 was down 19.76% compared to the 2023 peak of 21.8559, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NAD based on timing:

Yearly Peak High 87,689 LKR

2023 Average 89,007 LKR

Yearly Trough Low 77,481 LKR

Transaction Impact: A difference of 10,207.75 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.2158

15.7052

JanuMarcMayJulySeptNove

NAD to LKR 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 16.3900, compared to 16.5602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1703 points.

H1 Avg (Jan–Jun) 16.3900

H2 Avg (Jul–Dec) 16.5602

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.1398 LKR (High: 17.0381 / Low: 15.8984). On the other end, July was the most stable month, with a tight range of 0.3826 LKR (High: 16.8204 / Low: 16.4378).

June Spread (Volatile) ±1.1398

July Spread (Stable) ±0.3826

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.6274 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 17.0900) against the same month in 2023 (average: 21.4144), the exchange rate shifted by -4.3244 (-20.19%).

2024 Avg (January) 17.0900

2023 Avg (January) 21.4144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.5378	16.6909	17.0900
February	16.9597	16.0876	16.4625
March	16.4746	15.8271	16.1764
April	16.1596	15.4962	15.8311
May	16.5847	15.9976	16.2793
June	17.0381	15.8984	16.5006
July	16.8204	16.4378	16.6473
August	16.9688	16.1737	16.6376
September	17.4857	16.6347	17.0803
October	17.0531	16.5533	16.7021
November	16.8174	15.9965	16.2858
December	16.4430	15.5430	16.0082