2023 BRL to LKR Historical Review

YEARLY HIGH

72.4548 LKR

YEARLY LOW

58.1371 LKR

YEARLY AVERAGE

65.7804 LKR

2023 BRL to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 72.4548. Conversely, the yearly low was recorded on May 31, dropping to 58.1371.

This high-to-low spread represents a total annual volatility of 14.3176 LKR. From a start-to-finish perspective, comparing the January average rate of 70.5182 to the December average rate of 66.7244, the exchange rate registered a net change of -5.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 72.4548 was down 5.60% compared to the 2022 peak of 76.7526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 1,811,369 LKR

2022 Average 1,574,484 LKR

Yearly Trough Low 1,453,428 LKR

Transaction Impact: A difference of 357,940.94 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

71.3426

61.4495

JanuMarcMayJulySeptNove

BRL 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 65.6787, compared to 65.8822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2035 points.

H1 Avg (Jan–Jun) 65.6787

H2 Avg (Jul–Dec) 65.8822

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 10.3839 LKR (High: 70.7110 / Low: 60.3271). On the other end, November was the most stable month, with a tight range of 1.4984 LKR (High: 67.6676 / Low: 66.1691).

March Spread (Volatile) ±10.3839

November Spread (Stable) ±1.4984

Growth Streaks & Declines

Trends

Between May and July, 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 6.3075 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.3075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 70.4891) against the same month in 2022 (average: 38.9395), the exchange rate shifted by +31.5496 (+81.02%).

2023 Avg (February) 70.4891

2022 Avg (February) 38.9395

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	72.4291	66.7070	70.5182
February	72.4548	69.0183	70.4891
March	70.7110	60.3271	64.1816
April	65.8465	62.7946	64.2062
May	64.6103	58.1371	62.2739
June	66.4471	58.5315	62.4029
July	70.0839	62.7719	66.5723
August	66.7098	64.3630	65.5621
September	66.6493	64.2784	65.3520
October	65.6045	62.4924	64.1999
November	67.6676	66.1691	66.8824
December	67.7215	65.8569	66.7244