2023 EUR to LKR Historical Review

YEARLY HIGH

403.0333 LKR

YEARLY LOW

310.9868 LKR

YEARLY AVERAGE

355.5910 LKR

2023 EUR to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 403.0333. Conversely, the yearly low was recorded on June 2, dropping to 310.9868.

This high-to-low spread represents a total annual volatility of 92.0465 LKR. From a start-to-finish perspective, comparing the January average rate of 394.5309 to the December average rate of 356.9004, the exchange rate registered a net change of -9.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 403.0333 was up 2.54% compared to the 2022 peak of 393.0506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,015,167 LKR

2022 Average 1,695,058 LKR

Yearly Trough Low 1,554,934 LKR

Transaction Impact: A difference of 460,232.63 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

401.1561

321.6537

JanuMarcMayJulySeptNove

EUR 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 360.4678, compared to 350.7142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.7536 points.

H1 Avg (Jan–Jun) 360.4678

H2 Avg (Jul–Dec) 350.7142

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 44.3865 LKR (High: 358.7641 / Low: 314.3776). On the other end, September was the most stable month, with a tight range of 7.1029 LKR (High: 347.6858 / Low: 340.5829).

May Spread (Volatile) ±44.3865

September Spread (Stable) ±7.1029

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 32.4651 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -32.4651

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 390.7168) against the same month in 2022 (average: 229.6273), the exchange rate shifted by +161.0895 (+70.15%).

2023 Avg (February) 390.7168

2022 Avg (February) 229.6273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	399.1118	384.7301	394.5309
February	403.0333	382.8011	390.7168
March	386.6415	344.3414	358.2517
April	358.9246	346.5322	353.7934
May	358.7641	314.3776	337.2351
June	347.0381	310.9868	328.2789
July	367.0151	333.1575	353.2074
August	356.2907	345.2014	351.0360
September	347.6858	340.5829	345.1108
October	347.7439	339.2734	343.3513
November	362.3532	347.0905	354.6795
December	360.3361	352.2485	356.9004