2023 LKR to BTN Historical Review

YEARLY HIGH

0.2838 BTN

YEARLY LOW

0.2216 BTN

YEARLY AVERAGE

0.2520 BTN

2023 LKR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.2838. Conversely, the yearly low was recorded on January 19, dropping to 0.2216.

This high-to-low spread represents a total annual volatility of 0.0622 BTN. From a start-to-finish perspective, comparing the January average rate of 0.2237 to the December average rate of 0.2550, the exchange rate registered a net change of 13.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2838 was down 25.47% compared to the 2022 peak of 0.3808, 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 1,419 BTN

2022 Average 1,266 BTN

Yearly Trough Low 1,108 BTN

Transaction Impact: A difference of 310.91 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2766

0.2189

JanuMarcMayJulySeptNove

LKR to BTN 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 0.2480, compared to 0.2560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.2480

H2 Avg (Jul–Dec) 0.2560

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0324 BTN (High: 0.2569 / Low: 0.2245). On the other end, November was the most stable month, with a tight range of 0.0027 BTN (High: 0.2554 / Low: 0.2527).

March Spread (Volatile) ±0.0324

November Spread (Stable) ±0.0027

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 0.0145 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.2718) against the same month in 2022 (average: 0.2171), the exchange rate shifted by +0.0547 (+25.20%).

2023 Avg (June) 0.2718

2022 Avg (June) 0.2171

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2269	0.2216	0.2237
February	0.2285	0.2240	0.2262
March	0.2569	0.2245	0.2461
April	0.2575	0.2485	0.2544
May	0.2813	0.2552	0.2658
June	0.2838	0.2566	0.2718
July	0.2680	0.2464	0.2573
August	0.2622	0.2543	0.2574
September	0.2586	0.2552	0.2568
October	0.2572	0.2535	0.2559
November	0.2554	0.2527	0.2538
December	0.2575	0.2537	0.2550