2023 LKR to LAK Historical Review

YEARLY HIGH

63.8390 LAK

YEARLY LOW

45.6920 LAK

YEARLY AVERAGE

57.1315 LAK

2023 LKR to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 63.8390. Conversely, the yearly low was recorded on February 18, dropping to 45.6920.

This high-to-low spread represents a total annual volatility of 18.1470 LAK. From a start-to-finish perspective, comparing the January average rate of 46.4555 to the December average rate of 63.2150, the exchange rate registered a net change of 36.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 63.8390 was up 12.21% compared to the 2022 peak of 56.8940, 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 319,195 LAK

2022 Average 224,655 LAK

Yearly Trough Low 228,460 LAK

Transaction Impact: A difference of 90,735.09 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

65.1014

44.5082

JanuMarcMayJulySeptNove

LKR to LAK 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 52.3171, compared to 61.9459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.6287 points.

H1 Avg (Jan–Jun) 52.3171

H2 Avg (Jul–Dec) 61.9459

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 6.3873 LAK (High: 60.4132 / Low: 54.0259). On the other end, December was the most stable month, with a tight range of 0.6291 LAK (High: 63.5133 / Low: 62.8842).

May Spread (Volatile) ±6.3873

December Spread (Stable) ±0.6291

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 0.8824 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8824

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 63.3853) against the same month in 2022 (average: 46.2386), the exchange rate shifted by +17.1467 (+37.08%).

2023 Avg (October) 63.3853

2022 Avg (October) 46.2386

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.4540	45.8316	46.4555
February	46.6840	45.6920	46.2243
March	52.7232	46.3391	50.5248
April	54.1198	51.5213	53.2554
May	60.4132	54.0259	56.6903
June	62.1869	57.0493	60.7524
July	62.3720	57.7605	59.8699
August	61.5052	59.6364	60.4265
September	62.8808	60.9437	61.6518
October	63.8390	62.7650	63.3853
November	63.4255	62.7926	63.1266
December	63.5133	62.8842	63.2150