2023 LKR to NIO Historical Review

YEARLY HIGH

0.1259 NIO

YEARLY LOW

0.0991 NIO

YEARLY AVERAGE

0.1116 NIO

2023 LKR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.1259. Conversely, the yearly low was recorded on January 12, dropping to 0.0991.

This high-to-low spread represents a total annual volatility of 0.0268 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0997 to the December average rate of 0.1122, the exchange rate registered a net change of 12.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1259 was down 29.32% compared to the 2022 peak of 0.1782, 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 630 NIO

2022 Average 581 NIO

Yearly Trough Low 496 NIO

Transaction Impact: A difference of 134.01 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1230

0.0976

JanuMarcMayJulySeptNove

LKR to NIO 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 0.1102, compared to 0.1130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1102

H2 Avg (Jul–Dec) 0.1130

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0143 NIO (High: 0.1143 / Low: 0.1000). On the other end, January was the most stable month, with a tight range of 0.0012 NIO (High: 0.1004 / Low: 0.0991).

March Spread (Volatile) ±0.0143

January Spread (Stable) ±0.0012

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 0.0064 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1209) against the same month in 2022 (average: 0.0997), the exchange rate shifted by +0.0211 (+21.20%).

2023 Avg (June) 0.1209

2022 Avg (June) 0.0997

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1004	0.0991	0.0997
February	0.1010	0.0992	0.1000
March	0.1143	0.1000	0.1093
April	0.1149	0.1108	0.1134
May	0.1244	0.1142	0.1180
June	0.1259	0.1143	0.1209
July	0.1195	0.1101	0.1145
August	0.1161	0.1126	0.1137
September	0.1144	0.1123	0.1132
October	0.1130	0.1115	0.1126
November	0.1125	0.1112	0.1117
December	0.1132	0.1115	0.1122