2023 LKR to TJS Historical Review

YEARLY HIGH

0.0376 TJS

YEARLY LOW

0.0274 TJS

YEARLY AVERAGE

0.0330 TJS

2023 LKR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0376. Conversely, the yearly low was recorded on March 9, dropping to 0.0274.

This high-to-low spread represents a total annual volatility of 0.0102 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0280 to the December average rate of 0.0335, the exchange rate registered a net change of 19.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0376 was down 32.82% compared to the 2022 peak of 0.0560, 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 188 TJS

2022 Average 179 TJS

Yearly Trough Low 137 TJS

Transaction Impact: A difference of 51.04 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0369

0.0272

JanuMarcMayJulySeptNove

LKR to TJS 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 0.0322, compared to 0.0338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0322

H2 Avg (Jul–Dec) 0.0338

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0068 TJS (High: 0.0342 / Low: 0.0274). On the other end, December was the most stable month, with a tight range of 0.0005 TJS (High: 0.0338 / Low: 0.0333).

March Spread (Volatile) ±0.0068

December Spread (Stable) ±0.0005

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 0.0019 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0361) against the same month in 2022 (average: 0.0302), the exchange rate shifted by +0.0059 (+19.49%).

2023 Avg (June) 0.0361

2022 Avg (June) 0.0302

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0282	0.0277	0.0280
February	0.0297	0.0274	0.0285
March	0.0342	0.0274	0.0316
April	0.0343	0.0331	0.0339
May	0.0371	0.0341	0.0353
June	0.0376	0.0341	0.0361
July	0.0358	0.0329	0.0342
August	0.0348	0.0338	0.0341
September	0.0343	0.0337	0.0340
October	0.0339	0.0334	0.0338
November	0.0337	0.0331	0.0334
December	0.0338	0.0333	0.0335