2023 LKR to NPR Historical Review

YEARLY HIGH

0.4541 NPR

YEARLY LOW

0.3546 NPR

YEARLY AVERAGE

0.4032 NPR

2023 LKR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.4541. Conversely, the yearly low was recorded on January 19, dropping to 0.3546.

This high-to-low spread represents a total annual volatility of 0.0995 NPR. From a start-to-finish perspective, comparing the January average rate of 0.3580 to the December average rate of 0.4080, the exchange rate registered a net change of 13.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4541 was down 25.47% compared to the 2022 peak of 0.6093, 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 2,271 NPR

2022 Average 2,026 NPR

Yearly Trough Low 1,773 NPR

Transaction Impact: A difference of 497.44 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4425

0.3503

JanuMarcMayJulySeptNove

LKR to NPR 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 0.3968, compared to 0.4097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0129 points.

H1 Avg (Jan–Jun) 0.3968

H2 Avg (Jul–Dec) 0.4097

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0519 NPR (High: 0.4111 / Low: 0.3592). On the other end, November was the most stable month, with a tight range of 0.0043 NPR (High: 0.4087 / Low: 0.4043).

March Spread (Volatile) ±0.0519

November Spread (Stable) ±0.0043

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 0.0232 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.4348) against the same month in 2022 (average: 0.3473), the exchange rate shifted by +0.0875 (+25.20%).

2023 Avg (June) 0.4348

2022 Avg (June) 0.3473

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3630	0.3546	0.3580
February	0.3656	0.3584	0.3620
March	0.4111	0.3592	0.3938
April	0.4120	0.3976	0.4070
May	0.4500	0.4084	0.4252
June	0.4541	0.4106	0.4348
July	0.4288	0.3942	0.4117
August	0.4195	0.4069	0.4118
September	0.4137	0.4083	0.4110
October	0.4115	0.4056	0.4094
November	0.4087	0.4043	0.4061
December	0.4120	0.4059	0.4080