2023 GNF to LKR Historical Review

YEARLY HIGH

0.0428 LKR

YEARLY LOW

0.0335 LKR

YEARLY AVERAGE

0.0381 LKR

2023 GNF to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.0428. Conversely, the yearly low was recorded on June 2, dropping to 0.0335.

This high-to-low spread represents a total annual volatility of 0.0093 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0422 to the December average rate of 0.0380, the exchange rate registered a net change of -9.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0428 was up 0.19% compared to the 2022 peak of 0.0428, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 214 LKR

2022 Average 185 LKR

Yearly Trough Low 168 LKR

Transaction Impact: A difference of 46.54 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0429

0.0344

JanuMarcMayJulySeptNove

GNF 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 0.0386, compared to 0.0377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0386

H2 Avg (Jul–Dec) 0.0377

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0048 LKR (High: 0.0420 / Low: 0.0372). On the other end, December was the most stable month, with a tight range of 0.0005 LKR (High: 0.0382 / Low: 0.0377).

March Spread (Volatile) ±0.0048

December Spread (Stable) ±0.0005

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 0.0035 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0422) against the same month in 2022 (average: 0.0225), the exchange rate shifted by +0.0198 (+88.03%).

2023 Avg (February) 0.0422

2022 Avg (February) 0.0225

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0427	0.0414	0.0422
February	0.0428	0.0415	0.0422
March	0.0420	0.0372	0.0387
April	0.0382	0.0367	0.0374
May	0.0371	0.0341	0.0359
June	0.0371	0.0335	0.0351
July	0.0385	0.0356	0.0371
August	0.0377	0.0366	0.0374
September	0.0378	0.0373	0.0376
October	0.0382	0.0375	0.0378
November	0.0383	0.0377	0.0381
December	0.0382	0.0377	0.0380