2023 LKR to SAR Historical Review

YEARLY HIGH

0.0129 SAR

YEARLY LOW

0.0102 SAR

YEARLY AVERAGE

0.0115 SAR

2023 LKR to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0129. Conversely, the yearly low was recorded on February 4, dropping to 0.0102.

This high-to-low spread represents a total annual volatility of 0.0027 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0115, the exchange rate registered a net change of 11.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0129 was down 30.77% compared to the 2022 peak of 0.0187, 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 65 SAR

2022 Average 61 SAR

Yearly Trough Low 51 SAR

Transaction Impact: A difference of 13.68 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0126

0.0101

JanuMarcMayJulySeptNove

LKR to SAR 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 0.0113, compared to 0.0116 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) 0.0113

H2 Avg (Jul–Dec) 0.0116

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0015 SAR (High: 0.0118 / Low: 0.0103). On the other end, November was the most stable month, with a tight range of 0.0001 SAR (High: 0.0115 / Low: 0.0114).

March Spread (Volatile) ±0.0015

November 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 0.0006 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0124) against the same month in 2022 (average: 0.0104), the exchange rate shifted by +0.0020 (+18.87%).

2023 Avg (June) 0.0124

2022 Avg (June) 0.0104

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0103	0.0102	0.0103
February	0.0104	0.0102	0.0103
March	0.0118	0.0103	0.0112
April	0.0119	0.0114	0.0117
May	0.0128	0.0117	0.0121
June	0.0129	0.0117	0.0124
July	0.0123	0.0113	0.0118
August	0.0119	0.0115	0.0117
September	0.0117	0.0115	0.0116
October	0.0116	0.0114	0.0115
November	0.0115	0.0114	0.0114
December	0.0116	0.0114	0.0115