YEARLY HIGH
0.0166 LYD
YEARLY LOW
0.0129 LYD
YEARLY AVERAGE
0.0147 LYD

2023 LKR to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0166. Conversely, the yearly low was recorded on January 31, dropping to 0.0129.

This high-to-low spread represents a total annual volatility of 0.0037 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0131 to the December average rate of 0.0147, the exchange rate registered a net change of 12.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0166 was down 27.56% compared to the 2022 peak of 0.0230, 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 83 LYD
2022 Average 77 LYD
Yearly Trough Low 65 LYD
Transaction Impact: A difference of 18.48 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0162
0.0128
JanuMarcMayJulySeptNove

LKR to LYD 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 0.0145, compared to 0.0149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0145
H2 Avg (Jul–Dec) 0.0149

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0017 LYD (High: 0.0150 / Low: 0.0133). On the other end, September was the most stable month, with a tight range of 0.0002 LYD (High: 0.0151 / Low: 0.0149).

March Spread (Volatile) ±0.0017
September Spread (Stable) ±0.0002

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 0.0010 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0159) against the same month in 2022 (average: 0.0134), the exchange rate shifted by +0.0026 (+19.19%).

2023 Avg (June) 0.0159
2022 Avg (June) 0.0134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0132 0.0129 0.0131
February 0.0134 0.0130 0.0131
March 0.0150 0.0133 0.0144
April 0.0150 0.0145 0.0148
May 0.0164 0.0148 0.0154
June 0.0166 0.0150 0.0159
July 0.0157 0.0143 0.0149
August 0.0152 0.0148 0.0149
September 0.0151 0.0149 0.0150
October 0.0152 0.0149 0.0151
November 0.0150 0.0146 0.0148
December 0.0148 0.0146 0.0147