YEARLY HIGH
0.0011 KWD
YEARLY LOW
0.0008 KWD
YEARLY AVERAGE
0.0009 KWD

2023 LKR to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0011. Conversely, the yearly low was recorded on February 4, dropping to 0.0008.

This high-to-low spread represents a total annual volatility of 0.0002 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0009, the exchange rate registered a net change of 12.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0011 was down 29.71% compared to the 2022 peak of 0.0015, 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 5 KWD
2022 Average 5 KWD
Yearly Trough Low 4 KWD
Transaction Impact: A difference of 1.17 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0010
0.0008
JanuMarcMayJulySeptNove

LKR to KWD 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 0.0009, compared to 0.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0009
H2 Avg (Jul–Dec) 0.0010

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0001 KWD (High: 0.0010 / Low: 0.0008). On the other end, January was the most stable month, with a tight range of 0.0000 KWD (High: 0.0008 / Low: 0.0008).

March Spread (Volatile) ±0.0001
January Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0010) against the same month in 2022 (average: 0.0009), the exchange rate shifted by +0.0002 (+19.12%).

2023 Avg (June) 0.0010
2022 Avg (June) 0.0009

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0008 0.0008 0.0008
February 0.0008 0.0008 0.0008
March 0.0010 0.0008 0.0009
April 0.0010 0.0009 0.0010
May 0.0010 0.0010 0.0010
June 0.0011 0.0010 0.0010
July 0.0010 0.0009 0.0010
August 0.0010 0.0009 0.0010
September 0.0010 0.0009 0.0010
October 0.0010 0.0009 0.0010
November 0.0009 0.0009 0.0009
December 0.0009 0.0009 0.0009