2023 LKR to BOB Historical Review

YEARLY HIGH

0.0238 BOB

YEARLY LOW

0.0188 BOB

YEARLY AVERAGE

0.0211 BOB

2023 LKR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0238. Conversely, the yearly low was recorded on February 4, dropping to 0.0188.

This high-to-low spread represents a total annual volatility of 0.0051 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0189 to the December average rate of 0.0212, the exchange rate registered a net change of 12.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0238 was down 30.35% compared to the 2022 peak of 0.0342, 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 119 BOB

2022 Average 112 BOB

Yearly Trough Low 94 BOB

Transaction Impact: A difference of 25.26 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0232

0.0185

JanuMarcMayJulySeptNove

LKR to BOB 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 0.0208, compared to 0.0213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0208

H2 Avg (Jul–Dec) 0.0213

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0027 BOB (High: 0.0216 / Low: 0.0189). On the other end, January was the most stable month, with a tight range of 0.0002 BOB (High: 0.0190 / Low: 0.0188).

March Spread (Volatile) ±0.0027

January Spread (Stable) ±0.0002

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 0.0012 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0228) against the same month in 2022 (average: 0.0191), the exchange rate shifted by +0.0037 (+19.30%).

2023 Avg (June) 0.0228

2022 Avg (June) 0.0191

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0190	0.0188	0.0189
February	0.0191	0.0188	0.0189
March	0.0216	0.0189	0.0207
April	0.0219	0.0209	0.0215
May	0.0235	0.0216	0.0223
June	0.0238	0.0216	0.0228
July	0.0226	0.0208	0.0216
August	0.0219	0.0213	0.0215
September	0.0216	0.0212	0.0214
October	0.0213	0.0210	0.0212
November	0.0212	0.0210	0.0211
December	0.0213	0.0210	0.0212