2023 LAK to LKR Historical Review

YEARLY HIGH

0.0219 LKR

YEARLY LOW

0.0157 LKR

YEARLY AVERAGE

0.0177 LKR

2023 LAK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.0219. Conversely, the yearly low was recorded on October 16, dropping to 0.0157.

This high-to-low spread represents a total annual volatility of 0.0062 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0215 to the December average rate of 0.0158, the exchange rate registered a net change of -26.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0219 was down 25.78% compared to the 2022 peak of 0.0295, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109 LKR

2022 Average 113 LKR

Yearly Trough Low 78 LKR

Transaction Impact: A difference of 31.11 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0222

0.0152

JanuMarcMayJulySeptNove

LAK 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 0.0193, compared to 0.0162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0193

H2 Avg (Jul–Dec) 0.0162

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0026 LKR (High: 0.0216 / Low: 0.0190). On the other end, December was the most stable month, with a tight range of 0.0002 LKR (High: 0.0159 / Low: 0.0157).

March Spread (Volatile) ±0.0026

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0018 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0216) against the same month in 2022 (average: 0.0178), the exchange rate shifted by +0.0039 (+21.79%).

2023 Avg (February) 0.0216

2022 Avg (February) 0.0178

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0218	0.0211	0.0215
February	0.0219	0.0214	0.0216
March	0.0216	0.0190	0.0198
April	0.0194	0.0185	0.0188
May	0.0185	0.0166	0.0177
June	0.0175	0.0161	0.0165
July	0.0173	0.0160	0.0167
August	0.0168	0.0163	0.0165
September	0.0164	0.0159	0.0162
October	0.0159	0.0157	0.0158
November	0.0159	0.0158	0.0158
December	0.0159	0.0157	0.0158