2023 LKR to MDL Historical Review

YEARLY HIGH

0.0612 MDL

YEARLY LOW

0.0509 MDL

YEARLY AVERAGE

0.0552 MDL

2023 LKR to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0612. Conversely, the yearly low was recorded on February 4, dropping to 0.0509.

This high-to-low spread represents a total annual volatility of 0.0104 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0519 to the December average rate of 0.0539, the exchange rate registered a net change of 3.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0612 was down 32.85% compared to the 2022 peak of 0.0912, 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 306 MDL

2022 Average 304 MDL

Yearly Trough Low 254 MDL

Transaction Impact: A difference of 51.90 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0599

0.0506

JanuMarcMayJulySeptNove

LKR to MDL 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 0.0553, compared to 0.0551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0553

H2 Avg (Jul–Dec) 0.0551

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0073 MDL (High: 0.0598 / Low: 0.0526). On the other end, October was the most stable month, with a tight range of 0.0011 MDL (High: 0.0563 / Low: 0.0552).

July Spread (Volatile) ±0.0073

October Spread (Stable) ±0.0011

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 0.0031 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0592) against the same month in 2022 (average: 0.0531), the exchange rate shifted by +0.0060 (+11.34%).

2023 Avg (June) 0.0592

2022 Avg (June) 0.0531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0526	0.0510	0.0519
February	0.0522	0.0509	0.0514
March	0.0579	0.0513	0.0557
April	0.0571	0.0550	0.0560
May	0.0604	0.0556	0.0574
June	0.0612	0.0555	0.0592
July	0.0598	0.0526	0.0561
August	0.0562	0.0543	0.0549
September	0.0563	0.0550	0.0556
October	0.0563	0.0552	0.0558
November	0.0553	0.0538	0.0545
December	0.0548	0.0531	0.0539