2023 LKR to RSD Historical Review

YEARLY HIGH

0.3767 RSD

YEARLY LOW

0.2913 RSD

YEARLY AVERAGE

0.3309 RSD

2023 LKR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.3767. Conversely, the yearly low was recorded on February 1, dropping to 0.2913.

This high-to-low spread represents a total annual volatility of 0.0854 RSD. From a start-to-finish perspective, comparing the January average rate of 0.2975 to the December average rate of 0.3285, the exchange rate registered a net change of 10.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3767 was down 29.87% compared to the 2022 peak of 0.5371, 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 1,883 RSD

2022 Average 1,795 RSD

Yearly Trough Low 1,456 RSD

Transaction Impact: A difference of 426.84 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3636

0.2915

JanuMarcMayJulySeptNove

LKR to RSD 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 0.3273, compared to 0.3345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.3273

H2 Avg (Jul–Dec) 0.3345

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0422 RSD (High: 0.3730 / Low: 0.3308). On the other end, September was the most stable month, with a tight range of 0.0068 RSD (High: 0.3444 / Low: 0.3376).

May Spread (Volatile) ±0.0422

September Spread (Stable) ±0.0068

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 0.0253 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.3576) against the same month in 2022 (average: 0.3090), the exchange rate shifted by +0.0485 (+15.71%).

2023 Avg (June) 0.3576

2022 Avg (June) 0.3090

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3050	0.2940	0.2975
February	0.3064	0.2913	0.3003
March	0.3405	0.3033	0.3277
April	0.3383	0.3279	0.3321
May	0.3730	0.3308	0.3486
June	0.3767	0.3379	0.3576
July	0.3519	0.3193	0.3323
August	0.3397	0.3291	0.3341
September	0.3444	0.3376	0.3399
October	0.3457	0.3369	0.3415
November	0.3376	0.3237	0.3306
December	0.3327	0.3251	0.3285