2023 LKR to BRL Historical Review

YEARLY HIGH

0.0172 BRL

YEARLY LOW

0.0138 BRL

YEARLY AVERAGE

0.0152 BRL

2023 LKR to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.0172. Conversely, the yearly low was recorded on February 2, dropping to 0.0138.

This high-to-low spread represents a total annual volatility of 0.0034 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0142 to the December average rate of 0.0150, the exchange rate registered a net change of 5.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0172 was down 39.12% compared to the 2022 peak of 0.0283, 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 86 BRL

2022 Average 84 BRL

Yearly Trough Low 69 BRL

Transaction Impact: A difference of 16.99 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0163

0.0140

JanuMarcMayJulySeptNove

LKR to BRL 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 0.0153, compared to 0.0152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0153

H2 Avg (Jul–Dec) 0.0152

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0024 BRL (High: 0.0166 / Low: 0.0141). On the other end, November was the most stable month, with a tight range of 0.0003 BRL (High: 0.0151 / Low: 0.0148).

March Spread (Volatile) ±0.0024

November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0161) against the same month in 2022 (average: 0.0138), the exchange rate shifted by +0.0022 (+16.14%).

2023 Avg (May) 0.0161

2022 Avg (May) 0.0138

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0150	0.0138	0.0142
February	0.0145	0.0138	0.0142
March	0.0166	0.0141	0.0156
April	0.0159	0.0152	0.0156
May	0.0172	0.0155	0.0161
June	0.0171	0.0150	0.0160
July	0.0159	0.0143	0.0150
August	0.0155	0.0150	0.0153
September	0.0156	0.0150	0.0153
October	0.0160	0.0152	0.0156
November	0.0151	0.0148	0.0150
December	0.0152	0.0148	0.0150