2023 LKR to INR Historical Review

YEARLY HIGH

0.2840 INR

YEARLY LOW

0.2207 INR

YEARLY AVERAGE

0.2521 INR

2023 LKR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.2840. Conversely, the yearly low was recorded on January 12, dropping to 0.2207.

This high-to-low spread represents a total annual volatility of 0.0633 INR. From a start-to-finish perspective, comparing the January average rate of 0.2235 to the December average rate of 0.2548, the exchange rate registered a net change of 14.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2840 was down 25.70% compared to the 2022 peak of 0.3823, 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 1,420 INR

2022 Average 1,267 INR

Yearly Trough Low 1,104 INR

Transaction Impact: A difference of 316.60 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2765

0.2186

JanuMarcMayJulySeptNove

LKR to INR 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 0.2480, compared to 0.2562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.2480

H2 Avg (Jul–Dec) 0.2562

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0328 INR (High: 0.2574 / Low: 0.2246). On the other end, November was the most stable month, with a tight range of 0.0024 INR (High: 0.2553 / Low: 0.2528).

March Spread (Volatile) ±0.0328

November Spread (Stable) ±0.0024

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 0.0141 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.2717) against the same month in 2022 (average: 0.2171), the exchange rate shifted by +0.0546 (+25.17%).

2023 Avg (June) 0.2717

2022 Avg (June) 0.2171

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2265	0.2207	0.2235
February	0.2285	0.2233	0.2264
March	0.2574	0.2246	0.2462
April	0.2585	0.2490	0.2546
May	0.2812	0.2554	0.2659
June	0.2840	0.2564	0.2717
July	0.2683	0.2467	0.2576
August	0.2623	0.2546	0.2575
September	0.2585	0.2543	0.2570
October	0.2578	0.2535	0.2561
November	0.2553	0.2528	0.2540
December	0.2573	0.2526	0.2548