2024 NZD to LKR Historical Review

YEARLY HIGH

205.0890 LKR

YEARLY LOW

163.6917 LKR

YEARLY AVERAGE

182.6916 LKR

2024 NZD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 205.0890. Conversely, the yearly low was recorded on December 18, dropping to 163.6917.

This high-to-low spread represents a total annual volatility of 41.3973 LKR. From a start-to-finish perspective, comparing the January average rate of 198.2228 to the December average rate of 167.3790, the exchange rate registered a net change of -15.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 205.0890 was down 13.99% compared to the 2023 peak of 238.4446, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,025,445 LKR

2023 Average 1,009,301 LKR

Yearly Trough Low 818,458 LKR

Transaction Impact: A difference of 206,986.39 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

201.3072

164.2947

JanuMarcMayJulySeptNove

NZD 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 186.8405, compared to 178.5427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.2978 points.

H1 Avg (Jan–Jun) 186.8405

H2 Avg (Jul–Dec) 178.5427

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 12.2576 LKR (High: 205.0890 / Low: 192.8314). On the other end, June was the most stable month, with a tight range of 2.7552 LKR (High: 187.5930 / Low: 184.8378).

January Spread (Volatile) ±12.2576

June Spread (Stable) ±2.7552

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 8.9642 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -8.9642

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 198.2228) against the same month in 2023 (average: 234.2675), the exchange rate shifted by -36.0447 (-15.39%).

2024 Avg (January) 198.2228

2023 Avg (January) 234.2675

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	205.0890	192.8314	198.2228
February	193.8425	188.6285	191.3970
March	189.9216	179.0415	185.2976
April	181.1454	174.3497	178.0019
May	185.7027	176.8852	181.6763
June	187.5930	184.8378	186.4474
July	187.3189	177.9443	183.1463
August	188.4521	177.9176	182.5743
September	192.5319	184.3024	187.3236
October	185.2084	174.8109	178.3594
November	176.3394	168.9830	172.4737
December	171.3428	163.6917	167.3790