2023 LKR to IDR Historical Review

YEARLY HIGH

51.4533 IDR

YEARLY LOW

40.6997 IDR

YEARLY AVERAGE

46.5172 IDR

2023 LKR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 51.4533. Conversely, the yearly low was recorded on February 2, dropping to 40.6997.

This high-to-low spread represents a total annual volatility of 10.7536 IDR. From a start-to-finish perspective, comparing the January average rate of 41.6790 to the December average rate of 47.3866, the exchange rate registered a net change of 13.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 51.4533 was down 28.08% compared to the 2022 peak of 71.5383, 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 257,267 IDR

2022 Average 239,706 IDR

Yearly Trough Low 203,498 IDR

Transaction Impact: A difference of 53,768.10 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

50.2032

40.7558

JanuMarcMayJulySeptNove

LKR to IDR 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 45.4300, compared to 47.6045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1745 points.

H1 Avg (Jan–Jun) 45.4300

H2 Avg (Jul–Dec) 47.6045

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 5.4795 IDR (High: 47.9450 / Low: 42.4654). On the other end, September was the most stable month, with a tight range of 0.7835 IDR (High: 48.0443 / Low: 47.2607).

March Spread (Volatile) ±5.4795

September Spread (Stable) ±0.7835

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 2.2223 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.2223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 49.4159) against the same month in 2022 (average: 40.8888), the exchange rate shifted by +8.5271 (+20.85%).

2023 Avg (June) 49.4159

2022 Avg (June) 40.8888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.7325	40.8164	41.6790
February	42.1324	40.6997	41.5431
March	47.9450	42.4654	45.7938
April	47.0524	45.3516	46.1942
May	50.9981	45.8557	47.9538
June	51.4533	46.6071	49.4159
July	49.2030	45.2741	47.1936
August	48.2730	46.9845	47.4474
September	48.0443	47.2607	47.5743
October	48.9694	47.5624	48.4976
November	48.5201	46.6145	47.5274
December	47.7921	46.9366	47.3866