2024 UYU to LKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 UYU to LKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the UYU to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 8.3036. Conversely, the yearly low was recorded on December 15, dropping to 6.5331.
This high-to-low spread represents a total annual volatility of 1.7705 LKR. From a start-to-finish perspective, comparing the January average rate of 8.1951 to the December average rate of 6.6335, the exchange rate registered a net change of -19.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 8.3036 was down 13.04% compared to the 2023 peak of 9.5490, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UYU based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
UYU to LKR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.9036, compared to 7.1542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7495 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 0.3683 LKR (High: 7.4936 / Low: 7.1253). On the other end, June was the most stable month, with a tight range of 0.0978 LKR (High: 7.7953 / Low: 7.6975).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2879 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 8.1951) against the same month in 2023 (average: 9.2639), the exchange rate shifted by -1.0688 (-11.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.3036 | 8.0647 | 8.1951 |
| February | 8.0564 | 7.9018 | 7.9828 |
| March | 8.0284 | 7.8739 | 7.9287 |
| April | 7.9947 | 7.6674 | 7.7826 |
| May | 7.8425 | 7.7155 | 7.7761 |
| June | 7.7953 | 7.6975 | 7.7565 |
| July | 7.6341 | 7.5045 | 7.5577 |
| August | 7.5308 | 7.3687 | 7.4380 |
| September | 7.4936 | 7.1253 | 7.3449 |
| October | 7.1626 | 7.0058 | 7.0570 |
| November | 7.0531 | 6.7552 | 6.8940 |
| December | 6.7583 | 6.5331 | 6.6335 |