2023 LKR to EUR Historical Review

YEARLY HIGH

0.0032 EUR

YEARLY LOW

0.0025 EUR

YEARLY AVERAGE

0.0028 EUR

2023 LKR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0032. Conversely, the yearly low was recorded on February 1, dropping to 0.0025.

This high-to-low spread represents a total annual volatility of 0.0007 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0028, the exchange rate registered a net change of 10.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0032 was down 29.55% compared to the 2022 peak of 0.0046, 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 16 EUR

2022 Average 15 EUR

Yearly Trough Low 12 EUR

Transaction Impact: A difference of 3.67 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0031

0.0025

JanuMarcMayJulySeptNove

LKR to EUR 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 0.0028, compared to 0.0029 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) 0.0028

H2 Avg (Jul–Dec) 0.0029

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0004 EUR (High: 0.0032 / Low: 0.0028). On the other end, September was the most stable month, with a tight range of 0.0001 EUR (High: 0.0029 / Low: 0.0029).

May Spread (Volatile) ±0.0004

September 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: 0.0030) against the same month in 2022 (average: 0.0026), the exchange rate shifted by +0.0004 (+15.89%).

2023 Avg (June) 0.0030

2022 Avg (June) 0.0026

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0026	0.0025	0.0025
February	0.0026	0.0025	0.0026
March	0.0029	0.0026	0.0028
April	0.0029	0.0028	0.0028
May	0.0032	0.0028	0.0030
June	0.0032	0.0029	0.0030
July	0.0030	0.0027	0.0028
August	0.0029	0.0028	0.0028
September	0.0029	0.0029	0.0029
October	0.0029	0.0029	0.0029
November	0.0029	0.0028	0.0028
December	0.0028	0.0028	0.0028