YEARLY HIGH
0.0144 PLN
YEARLY LOW
0.0113 PLN
YEARLY AVERAGE
0.0128 PLN

2023 LKR to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0144. Conversely, the yearly low was recorded on January 20, dropping to 0.0113.

This high-to-low spread represents a total annual volatility of 0.0031 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0119 to the December average rate of 0.0121, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0144 was down 36.48% compared to the 2022 peak of 0.0227, 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 72 PLN
2022 Average 71 PLN
Yearly Trough Low 57 PLN
Transaction Impact: A difference of 15.69 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0138
0.0117
JanuMarcMayJulySeptNove

LKR to PLN 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 0.0129, compared to 0.0127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0129
H2 Avg (Jul–Dec) 0.0127

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0016 PLN (High: 0.0144 / Low: 0.0128). On the other end, December was the most stable month, with a tight range of 0.0003 PLN (High: 0.0123 / Low: 0.0120).

June Spread (Volatile) ±0.0016
December Spread (Stable) ±0.0003

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 0.0010 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0136) against the same month in 2022 (average: 0.0122), the exchange rate shifted by +0.0014 (+11.27%).

2023 Avg (June) 0.0136
2022 Avg (June) 0.0122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0122 0.0113 0.0119
February 0.0123 0.0117 0.0121
March 0.0136 0.0121 0.0131
April 0.0135 0.0129 0.0131
May 0.0144 0.0130 0.0135
June 0.0144 0.0128 0.0136
July 0.0134 0.0121 0.0126
August 0.0129 0.0124 0.0127
September 0.0136 0.0129 0.0133
October 0.0136 0.0128 0.0131
November 0.0129 0.0119 0.0124
December 0.0123 0.0120 0.0121