2023 CAD to LKR Historical Review

YEARLY HIGH

276.1268 LKR

YEARLY LOW

215.9966 LKR

YEARLY AVERAGE

243.4377 LKR

2023 CAD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 276.1268. Conversely, the yearly low was recorded on June 5, dropping to 215.9966.

This high-to-low spread represents a total annual volatility of 60.1303 LKR. From a start-to-finish perspective, comparing the January average rate of 272.5210 to the December average rate of 243.6538, the exchange rate registered a net change of -10.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 276.1268 was down 4.19% compared to the 2022 peak of 288.2141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,380,634 LKR

2022 Average 1,241,893 LKR

Yearly Trough Low 1,079,983 LKR

Transaction Impact: A difference of 300,651.38 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

276.9917

223.3435

JanuMarcMayJulySeptNove

CAD 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 247.1635, compared to 239.7119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.4516 points.

H1 Avg (Jan–Jun) 247.1635

H2 Avg (Jul–Dec) 239.7119

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 31.0773 LKR (High: 264.0806 / Low: 233.0033). On the other end, October was the most stable month, with a tight range of 3.8798 LKR (High: 239.3953 / Low: 235.5155).

March Spread (Volatile) ±31.0773

October Spread (Stable) ±3.8798

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 27.1784 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -27.1784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 272.5210) against the same month in 2022 (average: 160.3934), the exchange rate shifted by +112.1276 (+69.91%).

2023 Avg (January) 272.5210

2022 Avg (January) 160.3934

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	276.1268	267.3179	272.5210
February	275.6983	265.2272	271.2827
March	264.0806	233.0033	244.1042
April	243.9721	233.1668	238.1998
May	239.1791	216.6743	229.0591
June	240.1296	215.9966	227.8142
July	251.8473	230.9281	241.3962
August	242.1616	236.3787	238.6120
September	242.0495	235.4629	238.5147
October	239.3953	235.5155	236.9724
November	242.7220	236.4527	239.1226
December	247.0892	240.6221	243.6538