2023 LKR to GMD Historical Review

YEARLY HIGH

0.2082 GMD

YEARLY LOW

0.1656 GMD

YEARLY AVERAGE

0.1901 GMD

2023 LKR to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.2082. Conversely, the yearly low was recorded on February 4, dropping to 0.1656.

This high-to-low spread represents a total annual volatility of 0.0426 GMD. From a start-to-finish perspective, comparing the January average rate of 0.1696 to the December average rate of 0.2061, the exchange rate registered a net change of 21.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2082 was down 21.49% compared to the 2022 peak of 0.2652, 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 1,041 GMD

2022 Average 893 GMD

Yearly Trough Low 828 GMD

Transaction Impact: A difference of 212.97 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2100

0.1635

JanuMarcMayJulySeptNove

LKR to GMD 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 0.1838, compared to 0.1964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 0.1838

H2 Avg (Jul–Dec) 0.1964

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0240 GMD (High: 0.1914 / Low: 0.1674). On the other end, February was the most stable month, with a tight range of 0.0033 GMD (High: 0.1689 / Low: 0.1656).

March Spread (Volatile) ±0.0240

February Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between July and December, 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 0.0098 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2061) against the same month in 2022 (average: 0.1692), the exchange rate shifted by +0.0369 (+21.81%).

2023 Avg (December) 0.2061

2022 Avg (December) 0.1692

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1715	0.1671	0.1696
February	0.1689	0.1656	0.1674
March	0.1914	0.1674	0.1838
April	0.1959	0.1871	0.1921
May	0.2026	0.1875	0.1930
June	0.2052	0.1854	0.1967
July	0.1947	0.1795	0.1869
August	0.1914	0.1865	0.1883
September	0.2007	0.1869	0.1913
October	0.2032	0.1981	0.2019
November	0.2061	0.1979	0.2041
December	0.2082	0.2037	0.2061