2023 LKR to MXN Historical Review

YEARLY HIGH

0.0605 MXN

YEARLY LOW

0.0502 MXN

YEARLY AVERAGE

0.0541 MXN

2023 LKR to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0605. Conversely, the yearly low was recorded on March 9, dropping to 0.0502.

This high-to-low spread represents a total annual volatility of 0.0103 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0519 to the December average rate of 0.0525, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0605 was down 42.77% compared to the 2022 peak of 0.1057, 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 302 MXN

2022 Average 327 MXN

Yearly Trough Low 251 MXN

Transaction Impact: A difference of 51.33 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0579

0.0503

JanuMarcMayJulySeptNove

LKR to MXN 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 0.0547, compared to 0.0534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0547

H2 Avg (Jul–Dec) 0.0534

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0079 MXN (High: 0.0581 / Low: 0.0502). On the other end, December was the most stable month, with a tight range of 0.0013 MXN (High: 0.0534 / Low: 0.0521).

March Spread (Volatile) ±0.0079

December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0040 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0570) against the same month in 2022 (average: 0.0556), the exchange rate shifted by +0.0015 (+2.65%).

2023 Avg (June) 0.0570

2022 Avg (June) 0.0556

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0532	0.0507	0.0519
February	0.0525	0.0502	0.0509
March	0.0581	0.0502	0.0551
April	0.0572	0.0546	0.0561
May	0.0602	0.0554	0.0572
June	0.0605	0.0536	0.0570
July	0.0560	0.0506	0.0530
August	0.0542	0.0516	0.0528
September	0.0546	0.0526	0.0535
October	0.0566	0.0536	0.0557
November	0.0543	0.0520	0.0530
December	0.0534	0.0521	0.0525