2023 LKR to CAD Historical Review

YEARLY HIGH

0.0046 CAD

YEARLY LOW

0.0036 CAD

YEARLY AVERAGE

0.0041 CAD

2023 LKR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0046. Conversely, the yearly low was recorded on January 31, dropping to 0.0036.

This high-to-low spread represents a total annual volatility of 0.0010 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0037 to the December average rate of 0.0041, the exchange rate registered a net change of 11.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0046 was down 27.08% compared to the 2022 peak of 0.0063, 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 23 CAD

2022 Average 21 CAD

Yearly Trough Low 18 CAD

Transaction Impact: A difference of 5.04 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0045

0.0036

JanuMarcMayJulySeptNove

LKR to CAD 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 0.0041, compared to 0.0042 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) 0.0041

H2 Avg (Jul–Dec) 0.0042

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0005 CAD (High: 0.0043 / Low: 0.0038). On the other end, October was the most stable month, with a tight range of 0.0001 CAD (High: 0.0042 / Low: 0.0042).

March Spread (Volatile) ±0.0005

October 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 0.0002 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0044) against the same month in 2022 (average: 0.0036), the exchange rate shifted by +0.0008 (+23.29%).

2023 Avg (June) 0.0044

2022 Avg (June) 0.0036

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0037	0.0036	0.0037
February	0.0038	0.0036	0.0037
March	0.0043	0.0038	0.0041
April	0.0043	0.0041	0.0042
May	0.0046	0.0042	0.0044
June	0.0046	0.0042	0.0044
July	0.0043	0.0040	0.0041
August	0.0042	0.0041	0.0042
September	0.0042	0.0041	0.0042
October	0.0042	0.0042	0.0042
November	0.0042	0.0041	0.0042
December	0.0042	0.0040	0.0041