2023 LKR to GBP Historical Review

YEARLY HIGH

0.0028 GBP

YEARLY LOW

0.0022 GBP

YEARLY AVERAGE

0.0025 GBP

2023 LKR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0028. Conversely, the yearly low was recorded on January 19, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0006 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0024, the exchange rate registered a net change of 8.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0028 was down 26.79% compared to the 2022 peak of 0.0038, 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 14 GBP

2022 Average 13 GBP

Yearly Trough Low 11 GBP

Transaction Impact: A difference of 2.85 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0027

0.0022

JanuMarcMayJulySeptNove

LKR to GBP 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 0.0024, compared to 0.0025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0024

H2 Avg (Jul–Dec) 0.0025

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0003 GBP (High: 0.0028 / Low: 0.0025). On the other end, December was the most stable month, with a tight range of 0.0000 GBP (High: 0.0024 / Low: 0.0024).

June Spread (Volatile) ±0.0003

December Spread (Stable) ±0.0000

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: 0.0026) against the same month in 2022 (average: 0.0023), the exchange rate shifted by +0.0004 (+15.91%).

2023 Avg (June) 0.0026

2022 Avg (June) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0023	0.0022	0.0022
February	0.0023	0.0022	0.0023
March	0.0026	0.0023	0.0025
April	0.0025	0.0025	0.0025
May	0.0027	0.0025	0.0026
June	0.0028	0.0025	0.0026
July	0.0026	0.0023	0.0024
August	0.0025	0.0024	0.0024
September	0.0025	0.0025	0.0025
October	0.0026	0.0025	0.0025
November	0.0025	0.0024	0.0025
December	0.0024	0.0024	0.0024