2023 LKR to BBD Historical Review

YEARLY HIGH

0.0069 BBD

YEARLY LOW

0.0054 BBD

YEARLY AVERAGE

0.0061 BBD

2023 LKR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0069. Conversely, the yearly low was recorded on February 5, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0015 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0061, 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 0.0069 was down 30.75% compared to the 2022 peak of 0.0099, 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 34 BBD

2022 Average 32 BBD

Yearly Trough Low 27 BBD

Transaction Impact: A difference of 7.31 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0067

0.0054

JanuMarcMayJulySeptNove

LKR to BBD 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 0.0060, compared to 0.0062 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) 0.0060

H2 Avg (Jul–Dec) 0.0062

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0008 BBD (High: 0.0063 / Low: 0.0055). On the other end, November was the most stable month, with a tight range of 0.0001 BBD (High: 0.0061 / Low: 0.0061).

March Spread (Volatile) ±0.0008

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 0.0003 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: 0.0066) against the same month in 2022 (average: 0.0056), the exchange rate shifted by +0.0011 (+18.91%).

2023 Avg (June) 0.0066

2022 Avg (June) 0.0056

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0055	0.0054	0.0055
February	0.0055	0.0054	0.0055
March	0.0063	0.0055	0.0060
April	0.0063	0.0061	0.0062
May	0.0068	0.0062	0.0065
June	0.0069	0.0062	0.0066
July	0.0065	0.0060	0.0063
August	0.0063	0.0062	0.0062
September	0.0062	0.0061	0.0062
October	0.0062	0.0061	0.0062
November	0.0061	0.0061	0.0061
December	0.0062	0.0061	0.0061