2023 LKR to DJF Historical Review

YEARLY HIGH

0.6135 DJF

YEARLY LOW

0.4825 DJF

YEARLY AVERAGE

0.5429 DJF

2023 LKR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.6135. Conversely, the yearly low was recorded on January 9, dropping to 0.4825.

This high-to-low spread represents a total annual volatility of 0.1310 DJF. From a start-to-finish perspective, comparing the January average rate of 0.4860 to the December average rate of 0.5451, the exchange rate registered a net change of 12.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6135 was down 30.82% compared to the 2022 peak of 0.8868, 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 3,067 DJF

2022 Average 2,888 DJF

Yearly Trough Low 2,412 DJF

Transaction Impact: A difference of 655.11 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5987

0.4758

JanuMarcMayJulySeptNove

LKR to DJF 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 0.5367, compared to 0.5491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.5367

H2 Avg (Jul–Dec) 0.5491

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0694 DJF (High: 0.5563 / Low: 0.4870). On the other end, November was the most stable month, with a tight range of 0.0041 DJF (High: 0.5436 / Low: 0.5395).

March Spread (Volatile) ±0.0694

November Spread (Stable) ±0.0041

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 0.0317 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.5884) against the same month in 2022 (average: 0.4956), the exchange rate shifted by +0.0928 (+18.73%).

2023 Avg (June) 0.5884

2022 Avg (June) 0.4956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4892	0.4825	0.4860
February	0.4914	0.4826	0.4875
March	0.5563	0.4870	0.5319
April	0.5576	0.5388	0.5518
May	0.6051	0.5555	0.5744
June	0.6135	0.5561	0.5884
July	0.5809	0.5352	0.5568
August	0.5637	0.5482	0.5529
September	0.5557	0.5462	0.5508
October	0.5505	0.5421	0.5473
November	0.5436	0.5395	0.5420
December	0.5499	0.5405	0.5451