YEARLY HIGH
0.4701 DZD
YEARLY LOW
0.3679 DZD
YEARLY AVERAGE
0.4150 DZD

2023 LKR to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.4701. Conversely, the yearly low was recorded on February 4, dropping to 0.3679.

This high-to-low spread represents a total annual volatility of 0.1023 DZD. From a start-to-finish perspective, comparing the January average rate of 0.3730 to the December average rate of 0.4117, the exchange rate registered a net change of 10.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4701 was down 33.63% compared to the 2022 peak of 0.7083, 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 2,351 DZD
2022 Average 2,303 DZD
Yearly Trough Low 1,839 DZD
Transaction Impact: A difference of 511.29 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4571
0.3653
JanuMarcMayJulySeptNove

LKR to DZD 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 0.4107, compared to 0.4193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.4107
H2 Avg (Jul–Dec) 0.4193

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0508 DZD (High: 0.4250 / Low: 0.3742). On the other end, September was the most stable month, with a tight range of 0.0060 DZD (High: 0.4273 / Low: 0.4213).

March Spread (Volatile) ±0.0508
September Spread (Stable) ±0.0060

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 0.0258 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.4494) against the same month in 2022 (average: 0.4059), the exchange rate shifted by +0.0435 (+10.71%).

2023 Avg (June) 0.4494
2022 Avg (June) 0.4059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3768 0.3699 0.3730
February 0.3779 0.3679 0.3738
March 0.4250 0.3742 0.4075
April 0.4272 0.4115 0.4207
May 0.4656 0.4225 0.4395
June 0.4701 0.4247 0.4494
July 0.4440 0.4069 0.4236
August 0.4305 0.4191 0.4230
September 0.4273 0.4213 0.4244
October 0.4266 0.4143 0.4226
November 0.4151 0.4068 0.4106
December 0.4151 0.4086 0.4117