2023 LKR to NZD Historical Review

YEARLY HIGH

0.0057 NZD

YEARLY LOW

0.0042 NZD

YEARLY AVERAGE

0.0050 NZD

2023 LKR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0057. Conversely, the yearly low was recorded on February 1, dropping to 0.0042.

This high-to-low spread represents a total annual volatility of 0.0015 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0049, the exchange rate registered a net change of 15.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0057 was down 24.94% compared to the 2022 peak of 0.0076, 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 28 NZD

2022 Average 25 NZD

Yearly Trough Low 21 NZD

Transaction Impact: A difference of 7.44 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0055

0.0042

JanuMarcMayJulySeptNove

LKR to NZD 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 0.0048, compared to 0.0051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0048

H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0007 NZD (High: 0.0056 / Low: 0.0049). On the other end, December was the most stable month, with a tight range of 0.0001 NZD (High: 0.0050 / Low: 0.0048).

May Spread (Volatile) ±0.0007

December Spread (Stable) ±0.0001

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 0.0004 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0054) against the same month in 2022 (average: 0.0044), the exchange rate shifted by +0.0010 (+23.17%).

2023 Avg (June) 0.0054

2022 Avg (June) 0.0044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0044	0.0042	0.0043
February	0.0045	0.0042	0.0044
March	0.0050	0.0045	0.0048
April	0.0051	0.0048	0.0050
May	0.0056	0.0049	0.0052
June	0.0057	0.0050	0.0054
July	0.0053	0.0048	0.0050
August	0.0053	0.0051	0.0052
September	0.0053	0.0051	0.0052
October	0.0053	0.0051	0.0052
November	0.0052	0.0049	0.0051
December	0.0050	0.0048	0.0049