2024 PEN to LKR Historical Review

YEARLY HIGH

87.7100 LKR

YEARLY LOW

76.4234 LKR

YEARLY AVERAGE

80.4329 LKR

2024 PEN to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 87.7100. Conversely, the yearly low was recorded on November 18, dropping to 76.4234.

This high-to-low spread represents a total annual volatility of 11.2866 LKR. From a start-to-finish perspective, comparing the January average rate of 86.0460 to the December average rate of 78.1706, the exchange rate registered a net change of -9.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 87.7100 was down 9.93% compared to the 2023 peak of 97.3851, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 438,550 LKR

2023 Average 438,953 LKR

Yearly Trough Low 382,117 LKR

Transaction Impact: A difference of 56,432.89 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

86.9290

76.3333

JanuMarcMayJulySeptNove

PEN 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 81.7916, compared to 79.0742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7174 points.

H1 Avg (Jan–Jun) 81.7916

H2 Avg (Jul–Dec) 79.0742

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 4.8588 LKR (High: 87.7100 / Low: 82.8512). On the other end, June was the most stable month, with a tight range of 1.1791 LKR (High: 80.9949 / Low: 79.8158).

January Spread (Volatile) ±4.8588

June Spread (Stable) ±1.1791

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 4.4687 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.4687

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 86.0460) against the same month in 2023 (average: 95.6649), the exchange rate shifted by -9.6189 (-10.05%).

2024 Avg (January) 86.0460

2023 Avg (January) 95.6649

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	87.7100	82.8512	86.0460
February	82.8823	80.7235	81.5773
March	83.2807	80.7532	82.0948
April	81.4640	78.7946	80.4719
May	81.0822	79.1081	80.2078
June	80.9949	79.8158	80.3514
July	81.7774	79.5134	80.6600
August	81.3599	79.7478	80.3197
September	81.4002	78.7150	79.8182
October	79.5576	77.6423	78.2605
November	78.0053	76.4234	77.2162
December	79.3823	77.4765	78.1706