2023 LKR to KPW Historical Review

YEARLY HIGH

3.1005 KPW

YEARLY LOW

2.4430 KPW

YEARLY AVERAGE

2.7476 KPW

2023 LKR to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 3.1005. Conversely, the yearly low was recorded on February 5, dropping to 2.4430.

This high-to-low spread represents a total annual volatility of 0.6575 KPW. From a start-to-finish perspective, comparing the January average rate of 2.4609 to the December average rate of 2.7545, the exchange rate registered a net change of 11.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.1005 was down 30.75% compared to the 2022 peak of 4.4774, 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 15,503 KPW

2022 Average 14,603 KPW

Yearly Trough Low 12,215 KPW

Transaction Impact: A difference of 3,287.37 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0272

2.4095

JanuMarcMayJulySeptNove

LKR to KPW 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 2.7164, compared to 2.7787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0623 points.

H1 Avg (Jan–Jun) 2.7164

H2 Avg (Jul–Dec) 2.7787

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.3515 KPW (High: 2.8156 / Low: 2.4642). On the other end, November was the most stable month, with a tight range of 0.0252 KPW (High: 2.7581 / Low: 2.7329).

March Spread (Volatile) ±0.3515

November Spread (Stable) ±0.0252

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 0.1553 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1553

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 2.9757) against the same month in 2022 (average: 2.5025), the exchange rate shifted by +0.4732 (+18.91%).

2023 Avg (June) 2.9757

2022 Avg (June) 2.5025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4742	2.4468	2.4609
February	2.4867	2.4430	2.4653
March	2.8156	2.4642	2.6946
April	2.8463	2.7268	2.7956
May	3.0617	2.8123	2.9065
June	3.1005	2.8121	2.9757
July	2.9408	2.7097	2.8204
August	2.8531	2.7710	2.7972
September	2.8123	2.7610	2.7848
October	2.7893	2.7444	2.7696
November	2.7581	2.7329	2.7459
December	2.7808	2.7373	2.7545