YEARLY HIGH
72.1013 LKR
YEARLY LOW
60.6410 LKR
YEARLY AVERAGE
65.6605 LKR

2024 RON to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 72.1013. Conversely, the yearly low was recorded on December 18, dropping to 60.6410.

This high-to-low spread represents a total annual volatility of 11.4603 LKR. From a start-to-finish perspective, comparing the January average rate of 70.3985 to the December average rate of 61.4042, the exchange rate registered a net change of -12.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 72.1013 was down 12.18% compared to the 2023 peak of 82.1001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 360,507 LKR
2023 Average 359,085 LKR
Yearly Trough Low 303,205 LKR
Transaction Impact: A difference of 57,301.53 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

71.2979
60.5048
JanuMarcMayJulySeptNove

RON 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 66.6737, compared to 64.6473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0264 points.

H1 Avg (Jan–Jun) 66.6737
H2 Avg (Jul–Dec) 64.6473

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 3.6041 LKR (High: 72.1013 / Low: 68.4972). On the other end, June was the most stable month, with a tight range of 0.9657 LKR (High: 66.1727 / Low: 65.2070).

January Spread (Volatile) ±3.6041
June Spread (Stable) ±0.9657

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.8969 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.8969

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 70.3985) against the same month in 2023 (average: 80.0703), the exchange rate shifted by -9.6718 (-12.08%).

2024 Avg (January) 70.3985
2023 Avg (January) 80.0703

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 72.1013 68.4972 70.3985
February 68.9976 67.4186 67.7651
March 67.7451 65.1269 66.6783
April 65.3137 63.5910 64.4453
May 66.0769 64.0810 65.0335
June 66.1727 65.2070 65.7215
July 66.8396 65.7344 66.2481
August 67.5053 65.5888 66.4378
September 68.5843 66.2886 67.1828
October 65.5692 63.5975 64.2859
November 64.4214 60.8817 62.3248
December 61.9891 60.6410 61.4042