2023 BND to LKR Historical Review

YEARLY HIGH

280.1858 LKR

YEARLY LOW

214.8644 LKR

YEARLY AVERAGE

244.8647 LKR

2023 BND to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 280.1858. Conversely, the yearly low was recorded on June 2, dropping to 214.8644.

This high-to-low spread represents a total annual volatility of 65.3215 LKR. From a start-to-finish perspective, comparing the January average rate of 275.6239 to the December average rate of 245.2453, the exchange rate registered a net change of -11.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 280.1858 was up 2.53% compared to the 2022 peak of 273.2798, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,400,929 LKR

2022 Average 1,173,228 LKR

Yearly Trough Low 1,074,322 LKR

Transaction Impact: A difference of 326,607.27 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

280.6949

219.8438

JanuMarcMayJulySeptNove

BND 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 249.6278, compared to 240.1017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.5261 points.

H1 Avg (Jan–Jun) 249.6278

H2 Avg (Jul–Dec) 240.1017

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 30.2383 LKR (High: 270.1351 / Low: 239.8967). On the other end, September was the most stable month, with a tight range of 2.2783 LKR (High: 238.5373 / Low: 236.2591).

March Spread (Volatile) ±30.2383

September Spread (Stable) ±2.2783

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 24.5379 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -24.5379

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 274.1193) against the same month in 2022 (average: 150.3802), the exchange rate shifted by +123.7391 (+82.28%).

2023 Avg (February) 274.1193

2022 Avg (February) 150.3802

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	279.0033	271.1537	275.6239
February	280.1858	268.3960	274.1193
March	270.1351	239.8967	249.5814
April	248.6125	238.7497	242.0434
May	241.6257	216.9938	231.4839
June	238.5460	214.8644	224.9147
July	249.8330	226.8322	239.3654
August	241.4183	235.5530	238.2486
September	238.5373	236.2591	237.2291
October	240.1067	235.6012	237.4254
November	247.2877	239.2306	243.0964
December	247.1767	243.0229	245.2453