2023 LKR to HKD Historical Review

YEARLY HIGH

0.0270 HKD

YEARLY LOW

0.0212 HKD

YEARLY AVERAGE

0.0239 HKD

2023 LKR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to HKD 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 January 1, dropping to 0.0212.

This high-to-low spread represents a total annual volatility of 0.0058 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0214 to the December average rate of 0.0239, the exchange rate registered a net change of 11.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0270 was down 30.48% compared to the 2022 peak of 0.0388, 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 HKD

2022 Average 127 HKD

Yearly Trough Low 106 HKD

Transaction Impact: A difference of 28.87 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0263

0.0209

JanuMarcMayJulySeptNove

LKR to HKD 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 0.0237, compared to 0.0241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0237

H2 Avg (Jul–Dec) 0.0241

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0031 HKD (High: 0.0246 / Low: 0.0215). On the other end, January was the most stable month, with a tight range of 0.0003 HKD (High: 0.0215 / Low: 0.0212).

March Spread (Volatile) ±0.0031

January Spread (Stable) ±0.0003

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 0.0014 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0014

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: 0.0218), the exchange rate shifted by +0.0041 (+18.67%).

2023 Avg (June) 0.0259

2022 Avg (June) 0.0218

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0215	0.0212	0.0214
February	0.0217	0.0213	0.0215
March	0.0246	0.0215	0.0235
April	0.0248	0.0238	0.0244
May	0.0266	0.0245	0.0253
June	0.0270	0.0245	0.0259
July	0.0256	0.0235	0.0245
August	0.0247	0.0241	0.0243
September	0.0245	0.0240	0.0242
October	0.0243	0.0239	0.0241
November	0.0240	0.0237	0.0238
December	0.0241	0.0237	0.0239