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Day Prior to Sinhala & Tamil New Year Day

United StatesOtherLow
About This Indicator

About This Indicator

Description

The Day Prior to Sinhala & Tamil New Year Day is a significant public holiday in Sri Lanka, marking the end of the old year (Parana Avurudda). It is a time for traditional rituals, cleaning homes, and preparing for the astrological transition of the sun. This period is one of the most important cultural festivals in the country, involving both the Sinhalese and Tamil communities. Financial markets, including the Colombo Stock Exchange, are closed, and banking services are limited to electronic channels.

Methodology

The date is determined by astrological calculations of the sun's movement from the house of Pisces to the house of Aries. It typically falls on April 13th each year.

No historical data available

Source · Central Bank — LKView Source