2023 LKR to AZN Historical Review

YEARLY HIGH

0.0059 AZN

YEARLY LOW

0.0046 AZN

YEARLY AVERAGE

0.0052 AZN

2023 LKR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0059. Conversely, the yearly low was recorded on February 5, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0012 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0052, the exchange rate registered a net change of 11.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0059 was down 30.75% compared to the 2022 peak of 0.0085, 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 29 AZN

2022 Average 28 AZN

Yearly Trough Low 23 AZN

Transaction Impact: A difference of 6.21 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0057

0.0046

JanuMarcMayJulySeptNove

LKR to AZN 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 0.0051, compared to 0.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0051

H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0007 AZN (High: 0.0053 / Low: 0.0047). On the other end, January was the most stable month, with a tight range of 0.0001 AZN (High: 0.0047 / Low: 0.0046).

March Spread (Volatile) ±0.0007

January 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 0.0003 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0056) against the same month in 2022 (average: 0.0047), the exchange rate shifted by +0.0009 (+18.92%).

2023 Avg (June) 0.0056

2022 Avg (June) 0.0047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0047	0.0046	0.0046
February	0.0047	0.0046	0.0047
March	0.0053	0.0047	0.0051
April	0.0054	0.0052	0.0053
May	0.0058	0.0053	0.0055
June	0.0059	0.0053	0.0056
July	0.0056	0.0051	0.0053
August	0.0054	0.0052	0.0053
September	0.0053	0.0052	0.0053
October	0.0053	0.0052	0.0052
November	0.0052	0.0052	0.0052
December	0.0053	0.0052	0.0052