2024 YER to LKR Historical Review

YEARLY HIGH

1.2980 LKR

YEARLY LOW

1.1577 LKR

YEARLY AVERAGE

1.2060 LKR

2024 YER to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.2980. Conversely, the yearly low was recorded on December 11, dropping to 1.1577.

This high-to-low spread represents a total annual volatility of 0.1403 LKR. From a start-to-finish perspective, comparing the January average rate of 1.2823 to the December average rate of 1.1665, the exchange rate registered a net change of -9.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2980 was down 11.83% compared to the 2023 peak of 1.4721, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,490 LKR

2023 Average 6,560 LKR

Yearly Trough Low 5,789 LKR

Transaction Impact: A difference of 701.35 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2939

1.1549

JanuMarcMayJulySeptNove

YER 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 1.2254, compared to 1.1866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0388 points.

H1 Avg (Jan–Jun) 1.2254

H2 Avg (Jul–Dec) 1.1866

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0402 LKR (High: 1.2388 / Low: 1.1985). On the other end, October was the most stable month, with a tight range of 0.0088 LKR (High: 1.1782 / Low: 1.1694).

March Spread (Volatile) ±0.0402

October Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between April and June, 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 0.0345 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.2823) against the same month in 2023 (average: 1.4610), the exchange rate shifted by -0.1787 (-12.23%).

2024 Avg (January) 1.2823

2023 Avg (January) 1.4610

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2980	1.2600	1.2823
February	1.2603	1.2365	1.2478
March	1.2388	1.1985	1.2181
April	1.2065	1.1848	1.1942
May	1.2082	1.1840	1.1959
June	1.2229	1.2007	1.2141
July	1.2212	1.2050	1.2126
August	1.2112	1.1883	1.1983
September	1.2192	1.1833	1.2018
October	1.1782	1.1694	1.1725
November	1.1776	1.1608	1.1681
December	1.1864	1.1577	1.1665