2023 KPW to LKR Historical Review

YEARLY HIGH

0.4093 LKR

YEARLY LOW

0.3225 LKR

YEARLY AVERAGE

0.3651 LKR

2023 KPW to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.4093. Conversely, the yearly low was recorded on June 2, dropping to 0.3225.

This high-to-low spread represents a total annual volatility of 0.0868 LKR. From a start-to-finish perspective, comparing the January average rate of 0.4064 to the December average rate of 0.3630, the exchange rate registered a net change of -10.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4093 was down 0.15% compared to the 2022 peak of 0.4100, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,047 LKR

2022 Average 1,801 LKR

Yearly Trough Low 1,613 LKR

Transaction Impact: A difference of 434.00 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4134

0.3293

JanuMarcMayJulySeptNove

KPW 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 0.3703, compared to 0.3600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.3703

H2 Avg (Jul–Dec) 0.3600

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0507 LKR (High: 0.4058 / Low: 0.3552). On the other end, November was the most stable month, with a tight range of 0.0033 LKR (High: 0.3659 / Low: 0.3626).

March Spread (Volatile) ±0.0507

November Spread (Stable) ±0.0033

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 0.0341 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4056) against the same month in 2022 (average: 0.2250), the exchange rate shifted by +0.1807 (+80.31%).

2023 Avg (February) 0.4056

2022 Avg (February) 0.2250

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4087	0.4042	0.4064
February	0.4093	0.4021	0.4056
March	0.4058	0.3552	0.3716
April	0.3667	0.3513	0.3577
May	0.3556	0.3266	0.3443
June	0.3556	0.3225	0.3363
July	0.3690	0.3400	0.3548
August	0.3609	0.3505	0.3575
September	0.3622	0.3556	0.3591
October	0.3644	0.3585	0.3611
November	0.3659	0.3626	0.3642
December	0.3653	0.3596	0.3630