2023 CNY to LKR Historical Review

YEARLY HIGH

54.6064 LKR

YEARLY LOW

40.8803 LKR

YEARLY AVERAGE

46.5326 LKR

2023 CNY to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 54.6064. Conversely, the yearly low was recorded on June 5, dropping to 40.8803.

This high-to-low spread represents a total annual volatility of 13.7262 LKR. From a start-to-finish perspective, comparing the January average rate of 53.8514 to the December average rate of 45.9014, the exchange rate registered a net change of -14.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 54.6064 was down 0.30% compared to the 2022 peak of 54.7718, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,365,161 LKR

2022 Average 1,198,151 LKR

Yearly Trough Low 1,022,007 LKR

Transaction Impact: A difference of 343,153.82 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

55.0064

41.1461

JanuMarcMayJulySeptNove

CNY 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 48.1862, compared to 44.8790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3072 points.

H1 Avg (Jan–Jun) 48.1862

H2 Avg (Jul–Dec) 44.8790

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 5.6222 LKR (High: 52.4404 / Low: 46.8182). On the other end, September was the most stable month, with a tight range of 0.6771 LKR (High: 44.6240 / Low: 43.9469).

March Spread (Volatile) ±5.6222

September Spread (Stable) ±0.6771

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 4.8343 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.8343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 53.8514) against the same month in 2022 (average: 31.8691), the exchange rate shifted by +21.9824 (+68.98%).

2023 Avg (January) 53.8514

2022 Avg (January) 31.8691

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.6064	52.8584	53.8514
February	54.3750	52.2010	53.3478
March	52.4404	46.8182	48.5135
April	48.0517	45.7463	46.7507
May	46.3087	41.3339	44.3526
June	44.6762	40.8803	42.3012
July	46.5420	42.1987	44.4426
August	45.1198	43.8651	44.4448
September	44.6240	43.9469	44.3160
October	45.5504	44.1909	44.6721
November	46.5501	44.7008	45.4970
December	46.4495	45.3192	45.9014