2023 LKR to SBD Historical Review

YEARLY HIGH

0.0287 SBD

YEARLY LOW

0.0223 SBD

YEARLY AVERAGE

0.0255 SBD

2023 LKR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0287. Conversely, the yearly low was recorded on February 5, dropping to 0.0223.

This high-to-low spread represents a total annual volatility of 0.0065 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0226 to the December average rate of 0.0259, the exchange rate registered a net change of 14.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0287 was down 28.52% compared to the 2022 peak of 0.0402, 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 144 SBD

2022 Average 132 SBD

Yearly Trough Low 111 SBD

Transaction Impact: A difference of 32.42 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0281

0.0221

JanuMarcMayJulySeptNove

LKR to SBD 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 0.0250, compared to 0.0260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0250

H2 Avg (Jul–Dec) 0.0260

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0032 SBD (High: 0.0257 / Low: 0.0225). On the other end, December was the most stable month, with a tight range of 0.0003 SBD (High: 0.0261 / Low: 0.0257).

March Spread (Volatile) ±0.0032

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between 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 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0276) against the same month in 2022 (average: 0.0226), the exchange rate shifted by +0.0050 (+21.95%).

2023 Avg (June) 0.0276

2022 Avg (June) 0.0226

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0228	0.0224	0.0226
February	0.0228	0.0223	0.0226
March	0.0257	0.0225	0.0246
April	0.0264	0.0249	0.0258
May	0.0284	0.0259	0.0269
June	0.0287	0.0260	0.0276
July	0.0275	0.0252	0.0262
August	0.0265	0.0257	0.0260
September	0.0262	0.0258	0.0260
October	0.0263	0.0257	0.0260
November	0.0259	0.0256	0.0257
December	0.0261	0.0257	0.0259