2023 LKR to SLL Historical Review

YEARLY HIGH

66.4764 SLL

YEARLY LOW

47.9513 SLL

YEARLY AVERAGE

58.2763 SLL

2023 LKR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 66.4764. Conversely, the yearly low was recorded on February 5, dropping to 47.9513.

This high-to-low spread represents a total annual volatility of 18.5251 SLL. From a start-to-finish perspective, comparing the January average rate of 48.3029 to the December average rate of 64.1793, the exchange rate registered a net change of 32.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 66.4764 was up 15.88% compared to the 2022 peak of 57.3668, 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 332,382 SLL

2022 Average 217,114 SLL

Yearly Trough Low 239,757 SLL

Transaction Impact: A difference of 92,625.54 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

66.8607

46.6158

JanuMarcMayJulySeptNove

LKR to SLL 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 53.3178, compared to 63.2348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.9170 points.

H1 Avg (Jan–Jun) 53.3178

H2 Avg (Jul–Dec) 63.2348

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 12.2997 SLL (High: 65.4855 / Low: 53.1858). On the other end, January was the most stable month, with a tight range of 0.5364 SLL (High: 48.5623 / Low: 48.0259).

July Spread (Volatile) ±12.2997

January Spread (Stable) ±0.5364

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 1.7437 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.7437

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 65.1736) against the same month in 2022 (average: 38.1087), the exchange rate shifted by +27.0649 (+71.02%).

2023 Avg (August) 65.1736

2022 Avg (August) 38.1087

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.5623	48.0259	48.3029
February	48.8077	47.9513	48.3893
March	55.2647	48.3659	52.8887
April	55.8660	53.5210	54.8715
May	60.0935	55.1995	57.0477
June	60.8561	55.1958	58.4067
July	65.4855	53.1858	56.6630
August	66.4764	64.5616	65.1736
September	65.5254	64.3288	64.8849
October	64.9895	63.9431	64.5301
November	64.2613	63.6750	63.9781
December	64.7922	63.7784	64.1793