YEARLY HIGH
0.0270 GTQ
YEARLY LOW
0.0213 GTQ
YEARLY AVERAGE
0.0239 GTQ

2023 LKR to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0270. Conversely, the yearly low was recorded on February 4, dropping to 0.0213.

This high-to-low spread represents a total annual volatility of 0.0057 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.0215 to the December average rate of 0.0240, the exchange rate registered a net change of 11.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0270 was down 29.49% compared to the 2022 peak of 0.0383, 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 135 GTQ
2022 Average 126 GTQ
Yearly Trough Low 107 GTQ
Transaction Impact: A difference of 28.36 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0263
0.0210
JanuMarcMayJulySeptNove

LKR to GTQ 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 0.0236, compared to 0.0242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0236
H2 Avg (Jul–Dec) 0.0242

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0030 GTQ (High: 0.0244 / Low: 0.0214). On the other end, January was the most stable month, with a tight range of 0.0002 GTQ (High: 0.0216 / Low: 0.0213).

March Spread (Volatile) ±0.0030
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0259) against the same month in 2022 (average: 0.0215), the exchange rate shifted by +0.0044 (+20.46%).

2023 Avg (June) 0.0259
2022 Avg (June) 0.0215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0216 0.0213 0.0215
February 0.0216 0.0213 0.0215
March 0.0244 0.0214 0.0233
April 0.0246 0.0236 0.0242
May 0.0266 0.0244 0.0252
June 0.0270 0.0245 0.0259
July 0.0256 0.0236 0.0246
August 0.0250 0.0242 0.0244
September 0.0246 0.0241 0.0243
October 0.0243 0.0239 0.0241
November 0.0240 0.0238 0.0239
December 0.0242 0.0239 0.0240