2023 LKR to AED Historical Review

YEARLY HIGH

0.0127 AED

YEARLY LOW

0.0100 AED

YEARLY AVERAGE

0.0112 AED

2023 LKR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0127. Conversely, the yearly low was recorded on February 5, dropping to 0.0100.

This high-to-low spread represents a total annual volatility of 0.0027 AED. From a start-to-finish perspective, comparing the January average rate of 0.0100 to the December average rate of 0.0112, the exchange rate registered a net change of 11.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0127 was down 30.75% compared to the 2022 peak of 0.0183, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63 AED

2022 Average 60 AED

Yearly Trough Low 50 AED

Transaction Impact: A difference of 13.41 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0124

0.0098

JanuMarcMayJulySeptNove

LKR to AED 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 0.0111, compared to 0.0113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0111

H2 Avg (Jul–Dec) 0.0113

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0014 AED (High: 0.0115 / Low: 0.0101). On the other end, November was the most stable month, with a tight range of 0.0001 AED (High: 0.0113 / Low: 0.0112).

March Spread (Volatile) ±0.0014

November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0121) against the same month in 2022 (average: 0.0102), the exchange rate shifted by +0.0019 (+18.91%).

2023 Avg (June) 0.0121

2022 Avg (June) 0.0102

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0101	0.0100	0.0100
February	0.0101	0.0100	0.0101
March	0.0115	0.0101	0.0110
April	0.0116	0.0111	0.0114
May	0.0125	0.0115	0.0119
June	0.0127	0.0115	0.0121
July	0.0120	0.0111	0.0115
August	0.0116	0.0113	0.0114
September	0.0115	0.0113	0.0114
October	0.0114	0.0112	0.0113
November	0.0113	0.0112	0.0112
December	0.0113	0.0112	0.0112