2023 LKR to EGP Historical Review

YEARLY HIGH

0.1063 EGP

YEARLY LOW

0.0673 EGP

YEARLY AVERAGE

0.0937 EGP

2023 LKR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.1063. Conversely, the yearly low was recorded on January 1, dropping to 0.0673.

This high-to-low spread represents a total annual volatility of 0.0390 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0783 to the December average rate of 0.0946, the exchange rate registered a net change of 20.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1063 was up 35.69% compared to the 2022 peak of 0.0784, 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 532 EGP

2022 Average 304 EGP

Yearly Trough Low 337 EGP

Transaction Impact: A difference of 194.89 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1045

0.0759

JanuMarcMayJulySeptNove

LKR to EGP 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 0.0919, compared to 0.0954 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0919

H2 Avg (Jul–Dec) 0.0954

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0149 EGP (High: 0.0822 / Low: 0.0673). On the other end, November was the most stable month, with a tight range of 0.0009 EGP (High: 0.0947 / Low: 0.0938).

January Spread (Volatile) ±0.0149

November Spread (Stable) ±0.0009

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 0.0054 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1022) against the same month in 2022 (average: 0.0521), the exchange rate shifted by +0.0501 (+96.18%).

2023 Avg (June) 0.1022

2022 Avg (June) 0.0521

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0822	0.0673	0.0783
February	0.0846	0.0822	0.0835
March	0.0968	0.0846	0.0922
April	0.0978	0.0931	0.0958
May	0.1051	0.0946	0.0996
June	0.1063	0.0965	0.1022
July	0.1010	0.0930	0.0968
August	0.0980	0.0952	0.0960
September	0.0965	0.0948	0.0956
October	0.0955	0.0943	0.0951
November	0.0947	0.0938	0.0942
December	0.0954	0.0939	0.0946