2023 DJF to LKR Historical Review

YEARLY HIGH

2.0728 LKR

YEARLY LOW

1.6301 LKR

YEARLY AVERAGE

1.8479 LKR

2023 DJF to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 2.0728. Conversely, the yearly low was recorded on June 3, dropping to 1.6301.

This high-to-low spread represents a total annual volatility of 0.4427 LKR. From a start-to-finish perspective, comparing the January average rate of 2.0575 to the December average rate of 1.8346, the exchange rate registered a net change of -10.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0728 was down 0.14% compared to the 2022 peak of 2.0756, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,364 LKR

2022 Average 9,105 LKR

Yearly Trough Low 8,150 LKR

Transaction Impact: A difference of 2,213.43 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0932

1.6649

JanuMarcMayJulySeptNove

DJF 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 1.8744, compared to 1.8214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0530 points.

H1 Avg (Jan–Jun) 1.8744

H2 Avg (Jul–Dec) 1.8214

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2560 LKR (High: 2.0535 / Low: 1.7975). On the other end, November was the most stable month, with a tight range of 0.0141 LKR (High: 1.8536 / Low: 1.8395).

March Spread (Volatile) ±0.2560

November Spread (Stable) ±0.0141

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1687 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1687

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.0575) against the same month in 2022 (average: 1.1388), the exchange rate shifted by +0.9187 (+80.67%).

2023 Avg (January) 2.0575

2022 Avg (January) 1.1388

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0728	2.0443	2.0575
February	2.0719	2.0349	2.0511
March	2.0535	1.7975	1.8824
April	1.8561	1.7934	1.8125
May	1.8003	1.6527	1.7422
June	1.7984	1.6301	1.7006
July	1.8683	1.7216	1.7975
August	1.8242	1.7739	1.8086
September	1.8309	1.7996	1.8155
October	1.8446	1.8166	1.8271
November	1.8536	1.8395	1.8451
December	1.8500	1.8186	1.8346