YEARLY HIGH
0.7305 LKR
YEARLY LOW
0.3712 LKR
YEARLY AVERAGE
0.5093 LKR

2023 AOA to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.7305. Conversely, the yearly low was recorded on July 2, dropping to 0.3712.

This high-to-low spread represents a total annual volatility of 0.3593 LKR. From a start-to-finish perspective, comparing the January average rate of 0.7259 to the December average rate of 0.3932, the exchange rate registered a net change of -45.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7305 was down 18.28% compared to the 2022 peak of 0.8939, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,653 LKR
2022 Average 3,583 LKR
Yearly Trough Low 1,856 LKR
Transaction Impact: A difference of 1,796.47 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7598
0.3530
JanuMarcMayJulySeptNove

AOA 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 0.6274, compared to 0.3912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2362 points.

H1 Avg (Jan–Jun) 0.6274
H2 Avg (Jul–Dec) 0.3912

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1278 LKR (High: 0.5002 / Low: 0.3724). On the other end, September was the most stable month, with a tight range of 0.0052 LKR (High: 0.3931 / Low: 0.3879).

June Spread (Volatile) ±0.1278
September Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1514 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.7229) against the same month in 2022 (average: 0.3937), the exchange rate shifted by +0.3293 (+83.64%).

2023 Avg (February) 0.7229
2022 Avg (February) 0.3937

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7304 0.7214 0.7259
February 0.7305 0.7157 0.7229
March 0.7213 0.6332 0.6610
April 0.6504 0.6215 0.6343
May 0.6294 0.5037 0.5859
June 0.5002 0.3724 0.4345
July 0.4023 0.3712 0.3869
August 0.3930 0.3825 0.3896
September 0.3931 0.3879 0.3903
October 0.3959 0.3895 0.3926
November 0.3978 0.3920 0.3949
December 0.3958 0.3889 0.3932