2023 LKR to SRD Historical Review

YEARLY HIGH

0.1291 SRD

YEARLY LOW

0.0860 SRD

YEARLY AVERAGE

0.1120 SRD

2023 LKR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.1291. Conversely, the yearly low was recorded on January 12, dropping to 0.0860.

This high-to-low spread represents a total annual volatility of 0.0431 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0870 to the December average rate of 0.1144, the exchange rate registered a net change of 31.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1291 was up 22.26% compared to the 2022 peak of 0.1056, 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 646 SRD

2022 Average 385 SRD

Yearly Trough Low 430 SRD

Transaction Impact: A difference of 215.67 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1284

0.0832

JanuMarcMayJulySeptNove

LKR to SRD 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 0.1067, compared to 0.1174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.1067

H2 Avg (Jul–Dec) 0.1174

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0170 SRD (High: 0.1105 / Low: 0.0935). On the other end, November was the most stable month, with a tight range of 0.0019 SRD (High: 0.1169 / Low: 0.1150).

March Spread (Volatile) ±0.0170

November Spread (Stable) ±0.0019

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 0.0056 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1246) against the same month in 2022 (average: 0.0606), the exchange rate shifted by +0.0640 (+105.56%).

2023 Avg (June) 0.1246

2022 Avg (June) 0.0606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0887	0.0860	0.0870
February	0.0934	0.0874	0.0899
March	0.1105	0.0935	0.1036
April	0.1180	0.1094	0.1142
May	0.1267	0.1165	0.1206
June	0.1291	0.1175	0.1246
July	0.1243	0.1156	0.1190
August	0.1216	0.1177	0.1190
September	0.1205	0.1174	0.1185
October	0.1183	0.1161	0.1174
November	0.1169	0.1150	0.1159
December	0.1158	0.1132	0.1144