2023 LKR to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LKR to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LKR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 2.0704. Conversely, the yearly low was recorded on January 22, dropping to 1.5544.
This high-to-low spread represents a total annual volatility of 0.5161 SDG. From a start-to-finish perspective, comparing the January average rate of 1.5773 to the December average rate of 1.8394, the exchange rate registered a net change of 16.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 2.0704 was down 6.61% compared to the 2022 peak of 2.2170, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LKR to SDG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.7883, compared to 1.8547 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0664 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 0.2110 SDG (High: 1.8374 / Low: 1.6263). On the other end, December was the most stable month, with a tight range of 0.0291 SDG (High: 1.8570 / Low: 1.8279).
Growth Streaks & Declines
TrendsBetween 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 0.1042 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 1.9878) against the same month in 2022 (average: 1.2686), the exchange rate shifted by +0.7192 (+56.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.5995 | 1.5544 | 1.5773 |
| February | 1.6288 | 1.5839 | 1.6041 |
| March | 1.8374 | 1.6263 | 1.7652 |
| April | 1.8959 | 1.7616 | 1.8572 |
| May | 2.0445 | 1.8702 | 1.9380 |
| June | 2.0704 | 1.8779 | 1.9878 |
| July | 1.9654 | 1.8110 | 1.8836 |
| August | 1.9068 | 1.8504 | 1.8690 |
| September | 1.8796 | 1.8452 | 1.8605 |
| October | 1.8642 | 1.8311 | 1.8492 |
| November | 1.8412 | 1.6670 | 1.8263 |
| December | 1.8570 | 1.8279 | 1.8394 |