2023 KZT to LKR Historical Review

YEARLY HIGH

0.8270 LKR

YEARLY LOW

0.6467 LKR

YEARLY AVERAGE

0.7202 LKR

2023 KZT to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.8270. Conversely, the yearly low was recorded on June 4, dropping to 0.6467.

This high-to-low spread represents a total annual volatility of 0.1803 LKR. From a start-to-finish perspective, comparing the January average rate of 0.7906 to the December average rate of 0.7116, the exchange rate registered a net change of -10.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8270 was down 4.61% compared to the 2022 peak of 0.8669, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,135 LKR

2022 Average 3,510 LKR

Yearly Trough Low 3,234 LKR

Transaction Impact: A difference of 901.32 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8221

0.6612

JanuMarcMayJulySeptNove

KZT 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 0.7372, compared to 0.7032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0341 points.

H1 Avg (Jan–Jun) 0.7372

H2 Avg (Jul–Dec) 0.7032

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1381 LKR (High: 0.8270 / Low: 0.6888). On the other end, December was the most stable month, with a tight range of 0.0110 LKR (High: 0.7169 / Low: 0.7059).

March Spread (Volatile) ±0.1381

December Spread (Stable) ±0.0110

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 0.0669 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0669

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.7418) against the same month in 2022 (average: 0.5084), the exchange rate shifted by +0.2334 (+45.92%).

2023 Avg (March) 0.7418

2022 Avg (March) 0.5084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7979	0.7844	0.7906
February	0.8222	0.7947	0.8087
March	0.8270	0.6888	0.7418
April	0.7257	0.7015	0.7130
May	0.7220	0.6567	0.6946
June	0.7103	0.6467	0.6746
July	0.7462	0.6822	0.7175
August	0.7251	0.6941	0.7102
September	0.7012	0.6755	0.6898
October	0.6994	0.6758	0.6821
November	0.7184	0.6978	0.7077
December	0.7169	0.7059	0.7116