YEARLY HIGH
100.2977 LKR
YEARLY LOW
79.0316 LKR
YEARLY AVERAGE
89.4735 LKR

2023 AED to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 100.2977. Conversely, the yearly low was recorded on June 2, dropping to 79.0316.

This high-to-low spread represents a total annual volatility of 21.2661 LKR. From a start-to-finish perspective, comparing the January average rate of 99.5700 to the December average rate of 88.9683, the exchange rate registered a net change of -10.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 100.2977 was down 0.15% compared to the 2022 peak of 100.4525, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 501,489 LKR
2022 Average 441,261 LKR
Yearly Trough Low 395,158 LKR
Transaction Impact: A difference of 106,330.63 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

101.2869
80.6845
JanuMarcMayJulySeptNove

AED 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 90.7441, compared to 88.2030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5411 points.

H1 Avg (Jan–Jun) 90.7441
H2 Avg (Jul–Dec) 88.2030

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 12.4034 LKR (High: 99.4424 / Low: 87.0390). On the other end, November was the most stable month, with a tight range of 0.8333 LKR (High: 89.6746 / Low: 88.8413).

March Spread (Volatile) ±12.4034
November Spread (Stable) ±0.8333

Growth Streaks & Declines

Trends

Between June and November, 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 February and March, when the average rate fell by 8.3394 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -8.3394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 99.3918) against the same month in 2022 (average: 55.1228), the exchange rate shifted by +44.2691 (+80.31%).

2023 Avg (February) 99.3918
2022 Avg (February) 55.1228

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 100.1436 99.0364 99.5700
February 100.2977 98.5418 99.3918
March 99.4424 87.0390 91.0524
April 89.8678 86.1125 87.6695
May 87.1492 80.0328 84.3793
June 87.1361 79.0316 82.4014
July 90.4293 83.3203 86.9455
August 88.4286 85.8807 87.6011
September 88.7491 87.1257 87.9897
October 89.2849 87.8457 88.4733
November 89.6746 88.8413 89.2400
December 89.5243 88.1213 88.9683