2023 LKR to CNY Historical Review

YEARLY HIGH

0.0245 CNY

YEARLY LOW

0.0183 CNY

YEARLY AVERAGE

0.0216 CNY

2023 LKR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0245. Conversely, the yearly low was recorded on January 13, dropping to 0.0183.

This high-to-low spread represents a total annual volatility of 0.0061 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0186 to the December average rate of 0.0218, the exchange rate registered a net change of 17.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0245 was down 22.58% compared to the 2022 peak of 0.0316, 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 122 CNY

2022 Average 108 CNY

Yearly Trough Low 92 CNY

Transaction Impact: A difference of 30.74 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0242

0.0181

JanuMarcMayJulySeptNove

LKR to CNY 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 0.0209, compared to 0.0223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0209

H2 Avg (Jul–Dec) 0.0223

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0026 CNY (High: 0.0242 / Low: 0.0216). On the other end, September was the most stable month, with a tight range of 0.0003 CNY (High: 0.0228 / Low: 0.0224).

May Spread (Volatile) ±0.0026

September Spread (Stable) ±0.0003

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 0.0011 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0237) against the same month in 2022 (average: 0.0186), the exchange rate shifted by +0.0050 (+27.04%).

2023 Avg (June) 0.0237

2022 Avg (June) 0.0186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0189	0.0183	0.0186
February	0.0192	0.0184	0.0187
March	0.0214	0.0191	0.0206
April	0.0219	0.0208	0.0214
May	0.0242	0.0216	0.0226
June	0.0245	0.0224	0.0237
July	0.0237	0.0215	0.0225
August	0.0228	0.0222	0.0225
September	0.0228	0.0224	0.0226
October	0.0226	0.0220	0.0224
November	0.0224	0.0215	0.0220
December	0.0221	0.0215	0.0218