YEARLY HIGH
0.3130 RUB
YEARLY LOW
0.1809 RUB
YEARLY AVERAGE
0.2616 RUB

2023 LKR to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.3130. Conversely, the yearly low was recorded on January 15, dropping to 0.1809.

This high-to-low spread represents a total annual volatility of 0.1321 RUB. From a start-to-finish perspective, comparing the January average rate of 0.1913 to the December average rate of 0.2787, the exchange rate registered a net change of 45.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3130 was down 55.76% compared to the 2022 peak of 0.7076, 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 1,565 RUB
2022 Average 1,172 RUB
Yearly Trough Low 905 RUB
Transaction Impact: A difference of 660.40 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3101
0.1805
JanuMarcMayJulySeptNove

LKR to RUB 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 0.2341, compared to 0.2891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0551 points.

H1 Avg (Jan–Jun) 0.2341
H2 Avg (Jul–Dec) 0.2891

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0363 RUB (High: 0.2766 / Low: 0.2403). On the other end, September was the most stable month, with a tight range of 0.0119 RUB (High: 0.3051 / Low: 0.2932).

May Spread (Volatile) ±0.0363
September Spread (Stable) ±0.0119

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0223 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2987) against the same month in 2022 (average: 0.1694), the exchange rate shifted by +0.1293 (+76.29%).

2023 Avg (October) 0.2987
2022 Avg (October) 0.1694

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2005 0.1809 0.1913
February 0.2084 0.1911 0.2014
March 0.2390 0.2077 0.2286
April 0.2564 0.2349 0.2516
May 0.2766 0.2403 0.2557
June 0.2884 0.2625 0.2756
July 0.2954 0.2717 0.2839
August 0.3115 0.2879 0.2979
September 0.3051 0.2932 0.2993
October 0.3130 0.2840 0.2987
November 0.2845 0.2683 0.2764
December 0.2859 0.2718 0.2787