2023 LKR to GYD Historical Review

YEARLY HIGH

0.7288 GYD

YEARLY LOW

0.5693 GYD

YEARLY AVERAGE

0.6416 GYD

2023 LKR to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.7288. Conversely, the yearly low was recorded on January 10, dropping to 0.5693.

This high-to-low spread represents a total annual volatility of 0.1595 GYD. From a start-to-finish perspective, comparing the January average rate of 0.5734 to the December average rate of 0.6412, the exchange rate registered a net change of 11.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7288 was down 29.81% compared to the 2022 peak of 1.0383, 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 3,644 GYD

2022 Average 3,395 GYD

Yearly Trough Low 2,846 GYD

Transaction Impact: A difference of 797.50 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7118

0.5608

JanuMarcMayJulySeptNove

LKR to GYD 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 0.6368, compared to 0.6464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.6368

H2 Avg (Jul–Dec) 0.6464

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0815 GYD (High: 0.6594 / Low: 0.5779). On the other end, October was the most stable month, with a tight range of 0.0089 GYD (High: 0.6467 / Low: 0.6378).

March Spread (Volatile) ±0.0815

October Spread (Stable) ±0.0089

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 0.0416 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0416

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.6992) against the same month in 2022 (average: 0.5822), the exchange rate shifted by +0.1170 (+20.10%).

2023 Avg (June) 0.6992

2022 Avg (June) 0.5822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5798	0.5693	0.5734
February	0.5830	0.5727	0.5781
March	0.6594	0.5779	0.6308
April	0.6688	0.6393	0.6565
May	0.7192	0.6601	0.6827
June	0.7288	0.6609	0.6992
July	0.6912	0.6306	0.6576
August	0.6642	0.6437	0.6505
September	0.6543	0.6422	0.6473
October	0.6467	0.6378	0.6437
November	0.6453	0.6349	0.6380
December	0.6469	0.6373	0.6412