2023 LKR to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LKR to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LKR to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 24.9447. Conversely, the yearly low was recorded on March 9, dropping to 19.6894.
This high-to-low spread represents a total annual volatility of 5.2554 PYG. From a start-to-finish perspective, comparing the January average rate of 20.1697 to the December average rate of 22.5210, the exchange rate registered a net change of 11.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 24.9447 was down 28.71% compared to the 2022 peak of 34.9886, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LKR to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 21.8591, compared to 22.6276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7684 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 2.7656 PYG (High: 22.4549 / Low: 19.6894). On the other end, February was the most stable month, with a tight range of 0.2727 PYG (High: 20.1641 / Low: 19.8914).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.2124 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 23.9712) against the same month in 2022 (average: 19.0869), the exchange rate shifted by +4.8843 (+25.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.4350 | 19.9373 | 20.1697 |
| February | 20.1641 | 19.8914 | 20.0009 |
| March | 22.4549 | 19.6894 | 21.5187 |
| April | 22.6140 | 21.6511 | 22.2367 |
| May | 24.5361 | 22.3992 | 23.2576 |
| June | 24.9447 | 22.6391 | 23.9712 |
| July | 23.7204 | 21.8993 | 22.7588 |
| August | 23.0828 | 22.3869 | 22.6021 |
| September | 22.7435 | 22.3480 | 22.5111 |
| October | 22.9013 | 22.4644 | 22.6827 |
| November | 22.8866 | 22.5594 | 22.6896 |
| December | 22.6654 | 22.3471 | 22.5210 |