2023 LKR to KGS Historical Review

YEARLY HIGH

0.3017 KGS

YEARLY LOW

0.2298 KGS

YEARLY AVERAGE

0.2682 KGS

2023 LKR to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.3017. Conversely, the yearly low was recorded on January 8, dropping to 0.2298.

This high-to-low spread represents a total annual volatility of 0.0719 KGS. From a start-to-finish perspective, comparing the January average rate of 0.2340 to the December average rate of 0.2728, the exchange rate registered a net change of 16.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3017 was down 36.77% compared to the 2022 peak of 0.4772, 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 1,509 KGS

2022 Average 1,376 KGS

Yearly Trough Low 1,149 KGS

Transaction Impact: A difference of 359.68 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2947

0.2285

JanuMarcMayJulySeptNove

LKR to KGS 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 0.2629, compared to 0.2736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.2629

H2 Avg (Jul–Dec) 0.2736

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0341 KGS (High: 0.2735 / Low: 0.2394). On the other end, October was the most stable month, with a tight range of 0.0032 KGS (High: 0.2756 / Low: 0.2724).

March Spread (Volatile) ±0.0341

October Spread (Stable) ±0.0032

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 0.0143 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.2892) against the same month in 2022 (average: 0.2213), the exchange rate shifted by +0.0679 (+30.69%).

2023 Avg (June) 0.2892

2022 Avg (June) 0.2213

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2366	0.2298	0.2340
February	0.2415	0.2340	0.2382
March	0.2735	0.2394	0.2617
April	0.2768	0.2649	0.2717
May	0.2980	0.2728	0.2825
June	0.3017	0.2737	0.2892
July	0.2856	0.2645	0.2749
August	0.2782	0.2714	0.2737
September	0.2758	0.2721	0.2740
October	0.2756	0.2724	0.2742
November	0.2737	0.2698	0.2720
December	0.2751	0.2708	0.2728