2023 LKR to SCR Historical Review

YEARLY HIGH

0.0482 SCR

YEARLY LOW

0.0353 SCR

YEARLY AVERAGE

0.0410 SCR

2023 LKR to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0482. Conversely, the yearly low was recorded on January 2, dropping to 0.0353.

This high-to-low spread represents a total annual volatility of 0.0129 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0370 to the December average rate of 0.0411, the exchange rate registered a net change of 11.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0482 was down 34.95% compared to the 2022 peak of 0.0742, 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 241 SCR

2022 Average 221 SCR

Yearly Trough Low 177 SCR

Transaction Impact: A difference of 64.62 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0461

0.0362

JanuMarcMayJulySeptNove

LKR to SCR 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 0.0409, compared to 0.0412 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) 0.0409

H2 Avg (Jul–Dec) 0.0412

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0065 SCR (High: 0.0476 / Low: 0.0412). On the other end, August was the most stable month, with a tight range of 0.0015 SCR (High: 0.0425 / Low: 0.0410).

May Spread (Volatile) ±0.0065

August Spread (Stable) ±0.0015

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 0.0034 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0453) against the same month in 2022 (average: 0.0373), the exchange rate shifted by +0.0080 (+21.54%).

2023 Avg (June) 0.0453

2022 Avg (June) 0.0373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0388	0.0353	0.0370
February	0.0388	0.0357	0.0371
March	0.0430	0.0367	0.0403
April	0.0438	0.0400	0.0420
May	0.0476	0.0412	0.0436
June	0.0482	0.0427	0.0453
July	0.0452	0.0399	0.0419
August	0.0425	0.0410	0.0416
September	0.0421	0.0391	0.0407
October	0.0425	0.0390	0.0410
November	0.0418	0.0396	0.0408
December	0.0429	0.0394	0.0411