YEARLY HIGH
0.3501 ALL
YEARLY LOW
0.2749 ALL
YEARLY AVERAGE
0.3067 ALL

2023 LKR to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.3501. Conversely, the yearly low was recorded on July 20, dropping to 0.2749.

This high-to-low spread represents a total annual volatility of 0.0752 ALL. From a start-to-finish perspective, comparing the January average rate of 0.2951 to the December average rate of 0.2882, the exchange rate registered a net change of -2.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3501 was down 38.89% compared to the 2022 peak of 0.5729, 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 1,750 ALL
2022 Average 1,823 ALL
Yearly Trough Low 1,374 ALL
Transaction Impact: A difference of 376.11 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3346
0.2840
JanuMarcMayJulySeptNove

LKR to ALL 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 0.3145, compared to 0.2989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.3145
H2 Avg (Jul–Dec) 0.2989

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0438 ALL (High: 0.3187 / Low: 0.2749). On the other end, September was the most stable month, with a tight range of 0.0068 ALL (High: 0.3128 / Low: 0.3060).

July Spread (Volatile) ±0.0438
September Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0344 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.3275) against the same month in 2022 (average: 0.3151), the exchange rate shifted by +0.0124 (+3.95%).

2023 Avg (June) 0.3275
2022 Avg (June) 0.3151

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3047 0.2914 0.2951
February 0.2998 0.2907 0.2960
March 0.3317 0.2960 0.3200
April 0.3235 0.3110 0.3181
May 0.3495 0.3152 0.3304
June 0.3501 0.3104 0.3275
July 0.3187 0.2749 0.2931
August 0.3158 0.2912 0.3011
September 0.3128 0.3060 0.3098
October 0.3125 0.3023 0.3081
November 0.3049 0.2829 0.2931
December 0.2904 0.2830 0.2882