2023 CDF to LKR Historical Review

YEARLY HIGH

0.1805 LKR

YEARLY LOW

0.1163 LKR

YEARLY AVERAGE

0.1425 LKR

2023 CDF to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1805. Conversely, the yearly low was recorded on December 21, dropping to 0.1163.

This high-to-low spread represents a total annual volatility of 0.0642 LKR. From a start-to-finish perspective, comparing the January average rate of 0.1785 to the December average rate of 0.1200, the exchange rate registered a net change of -32.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1805 was down 1.14% compared to the 2022 peak of 0.1826, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 902 LKR

2022 Average 802 LKR

Yearly Trough Low 582 LKR

Transaction Impact: A difference of 320.76 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1844

0.1142

JanuMarcMayJulySeptNove

CDF 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 0.1571, compared to 0.1279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0292 points.

H1 Avg (Jan–Jun) 0.1571

H2 Avg (Jul–Dec) 0.1279

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0303 LKR (High: 0.1565 / Low: 0.1262). On the other end, September was the most stable month, with a tight range of 0.0028 LKR (High: 0.1317 / Low: 0.1289).

May Spread (Volatile) ±0.0303

September Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between June and September, 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 0.0153 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1785) against the same month in 2022 (average: 0.1010), the exchange rate shifted by +0.0775 (+76.74%).

2023 Avg (January) 0.1785

2022 Avg (January) 0.1010

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1805	0.1759	0.1785
February	0.1801	0.1740	0.1770
March	0.1766	0.1535	0.1617
April	0.1613	0.1458	0.1548
May	0.1565	0.1262	0.1423
June	0.1358	0.1241	0.1282
July	0.1337	0.1246	0.1293
August	0.1318	0.1270	0.1299
September	0.1317	0.1289	0.1301
October	0.1311	0.1261	0.1291
November	0.1327	0.1205	0.1290
December	0.1230	0.1163	0.1200