YEARLY HIGH
0.0446 LKR
YEARLY LOW
0.0367 LKR
YEARLY AVERAGE
0.0400 LKR

2024 PYG to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0446. Conversely, the yearly low was recorded on October 28, dropping to 0.0367.

This high-to-low spread represents a total annual volatility of 0.0079 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0441 to the December average rate of 0.0374, the exchange rate registered a net change of -15.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0446 was down 12.12% compared to the 2023 peak of 0.0508, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 223 LKR
2023 Average 225 LKR
Yearly Trough Low 183 LKR
Transaction Impact: A difference of 39.72 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0448
0.0366
JanuMarcMayJulySeptNove

PYG 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 0.0416, compared to 0.0384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0416
H2 Avg (Jul–Dec) 0.0384

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0018 LKR (High: 0.0424 / Low: 0.0406). On the other end, May was the most stable month, with a tight range of 0.0006 LKR (High: 0.0402 / Low: 0.0396).

March Spread (Volatile) ±0.0018
May Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between October and December, 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 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0441) against the same month in 2023 (average: 0.0496), the exchange rate shifted by -0.0055 (-11.09%).

2024 Avg (January) 0.0441
2023 Avg (January) 0.0496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0446 0.0434 0.0441
February 0.0434 0.0424 0.0429
March 0.0424 0.0406 0.0417
April 0.0408 0.0397 0.0404
May 0.0402 0.0396 0.0399
June 0.0406 0.0399 0.0404
July 0.0406 0.0399 0.0402
August 0.0400 0.0390 0.0396
September 0.0391 0.0380 0.0388
October 0.0379 0.0367 0.0373
November 0.0377 0.0371 0.0373
December 0.0379 0.0371 0.0374