2023 LBP to LKR Historical Review

YEARLY HIGH

0.2430 LKR

YEARLY LOW

0.0191 LKR

YEARLY AVERAGE

0.0431 LKR

2023 LBP to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.2430. Conversely, the yearly low was recorded on June 5, dropping to 0.0191.

This high-to-low spread represents a total annual volatility of 0.2239 LKR. From a start-to-finish perspective, comparing the January average rate of 0.2413 to the December average rate of 0.0217, the exchange rate registered a net change of -91.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2430 was down 2.16% compared to the 2022 peak of 0.2484, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,215 LKR

2022 Average 1,069 LKR

Yearly Trough Low 96 LKR

Transaction Impact: A difference of 1,119.56 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2634

-0.0021

JanuMarcMayJulySeptNove

LBP 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 0.0647, compared to 0.0215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0432 points.

H1 Avg (Jan–Jun) 0.0647

H2 Avg (Jul–Dec) 0.0215

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.2189 LKR (High: 0.2426 / Low: 0.0237). On the other end, November was the most stable month, with a tight range of 0.0002 LKR (High: 0.0219 / Low: 0.0218).

February Spread (Volatile) ±0.2189

November Spread (Stable) ±0.0002

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 January and February, when the average rate fell by 0.1782 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1782

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2413) against the same month in 2022 (average: 0.1340), the exchange rate shifted by +0.1073 (+80.06%).

2023 Avg (January) 0.2413

2022 Avg (January) 0.1340

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2430	0.2392	0.2413
February	0.2426	0.0237	0.0631
March	0.0240	0.0213	0.0222
April	0.0219	0.0208	0.0213
May	0.0212	0.0195	0.0205
June	0.0213	0.0191	0.0200
July	0.0220	0.0203	0.0212
August	0.0216	0.0210	0.0214
September	0.0217	0.0213	0.0215
October	0.0218	0.0215	0.0216
November	0.0219	0.0218	0.0218
December	0.0218	0.0215	0.0217