2024 TJS to LKR Historical Review

YEARLY HIGH

29.5929 LKR

YEARLY LOW

26.5497 LKR

YEARLY AVERAGE

27.9913 LKR

2024 TJS to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 29.5929. Conversely, the yearly low was recorded on December 11, dropping to 26.5497.

This high-to-low spread represents a total annual volatility of 3.0432 LKR. From a start-to-finish perspective, comparing the January average rate of 29.3866 to the December average rate of 26.7310, the exchange rate registered a net change of -9.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 29.5929 was down 18.87% compared to the 2023 peak of 36.4745, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147,964 LKR

2023 Average 152,258 LKR

Yearly Trough Low 132,748 LKR

Transaction Impact: A difference of 15,215.83 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.6521

26.4654

JanuMarcMayJulySeptNove

TJS 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 28.1960, compared to 27.7867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4093 points.

H1 Avg (Jan–Jun) 28.1960

H2 Avg (Jul–Dec) 27.7867

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.9653 LKR (High: 28.1586 / Low: 27.1933). On the other end, October was the most stable month, with a tight range of 0.2970 LKR (High: 27.7514 / Low: 27.4544).

May Spread (Volatile) ±0.9653

October Spread (Stable) ±0.2970

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 0.8503 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 29.3866) against the same month in 2023 (average: 35.7431), the exchange rate shifted by -6.3566 (-17.78%).

2024 Avg (January) 29.3866

2023 Avg (January) 35.7431

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.5929	28.9263	29.3866
February	28.9263	28.2592	28.5363
March	28.3312	27.4336	27.8677
April	27.6451	27.0942	27.3471
May	28.1586	27.1933	27.5955
June	28.8582	28.0525	28.4426
July	28.7066	28.4009	28.5369
August	28.6308	27.9786	28.2829
September	28.7022	27.8166	28.2577
October	27.7514	27.4544	27.5468
November	27.5589	26.6648	27.3650
December	27.1043	26.5497	26.7310