2023 AZN to LKR Historical Review

YEARLY HIGH

216.7026 LKR

YEARLY LOW

170.7501 LKR

YEARLY AVERAGE

193.2956 LKR

2023 AZN to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 216.7026. Conversely, the yearly low was recorded on June 2, dropping to 170.7501.

This high-to-low spread represents a total annual volatility of 45.9526 LKR. From a start-to-finish perspective, comparing the January average rate of 215.1254 to the December average rate of 192.1994, the exchange rate registered a net change of -10.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 216.7026 was down 0.15% compared to the 2022 peak of 217.0372, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,083,513 LKR

2022 Average 953,392 LKR

Yearly Trough Low 853,750 LKR

Transaction Impact: A difference of 229,762.90 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

218.8364

174.3041

JanuMarcMayJulySeptNove

AZN 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 196.0355, compared to 190.5557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.4797 points.

H1 Avg (Jan–Jun) 196.0355

H2 Avg (Jul–Dec) 190.5557

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 26.8197 LKR (High: 214.8451 / Low: 188.0254). On the other end, November was the most stable month, with a tight range of 2.3611 LKR (High: 193.7182 / Low: 191.3571).

March Spread (Volatile) ±26.8197

November Spread (Stable) ±2.3611

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 18.0713 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -18.0713

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 214.7441) against the same month in 2022 (average: 119.0996), the exchange rate shifted by +95.6445 (+80.31%).

2023 Avg (February) 214.7441

2022 Avg (February) 119.0996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	216.3662	213.9764	215.1254
February	216.7026	212.9002	214.7441
March	214.8451	188.0254	196.6728
April	194.1516	186.0019	189.3863
May	188.2477	172.9169	182.2691
June	188.2602	170.7501	178.0151
July	195.3751	180.0197	187.8351
August	191.0578	185.5545	189.2719
September	191.7494	188.2476	190.1101
October	192.9058	189.7998	191.1555
November	193.7182	191.3571	192.7623
December	193.4041	190.3778	192.1994