2023 BAM to LKR Historical Review

YEARLY HIGH

205.9278 LKR

YEARLY LOW

159.1063 LKR

YEARLY AVERAGE

181.7439 LKR

2023 BAM to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 205.9278. Conversely, the yearly low was recorded on June 5, dropping to 159.1063.

This high-to-low spread represents a total annual volatility of 46.8215 LKR. From a start-to-finish perspective, comparing the January average rate of 201.2252 to the December average rate of 182.3549, the exchange rate registered a net change of -9.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 205.9278 was up 2.41% compared to the 2022 peak of 201.0848, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,029,639 LKR

2022 Average 866,749 LKR

Yearly Trough Low 795,531 LKR

Transaction Impact: A difference of 234,107.48 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

204.5750

164.3780

JanuMarcMayJulySeptNove

BAM 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 184.1585, compared to 179.3293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.8291 points.

H1 Avg (Jan–Jun) 184.1585

H2 Avg (Jul–Dec) 179.3293

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 21.3511 LKR (High: 197.3301 / Low: 175.9790). On the other end, September was the most stable month, with a tight range of 3.1240 LKR (High: 177.8709 / Low: 174.7469).

March Spread (Volatile) ±21.3511

September Spread (Stable) ±3.1240

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 16.9725 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -16.9725

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 199.9760) against the same month in 2022 (average: 117.5170), the exchange rate shifted by +82.4589 (+70.17%).

2023 Avg (February) 199.9760

2022 Avg (February) 117.5170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	203.9066	196.1202	201.2252
February	205.9278	196.0288	199.9760
March	197.3301	175.9790	183.0035
April	183.8217	177.2861	180.6551
May	180.7036	161.3496	172.3632
June	176.8349	159.1063	167.7278
July	188.2025	170.4827	180.6082
August	181.7874	176.8232	179.5436
September	177.8709	174.7469	176.7230
October	178.7095	173.4993	175.6030
November	185.0194	176.8296	181.1433
December	184.1651	180.0185	182.3549