2023 LKR to TOP Historical Review

YEARLY HIGH

0.0082 TOP

YEARLY LOW

0.0063 TOP

YEARLY AVERAGE

0.0072 TOP

2023 LKR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0082. Conversely, the yearly low was recorded on February 4, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0019 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0072, the exchange rate registered a net change of 12.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0082 was down 27.54% compared to the 2022 peak of 0.0113, 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 41 TOP

2022 Average 38 TOP

Yearly Trough Low 31 TOP

Transaction Impact: A difference of 9.64 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0079

0.0062

JanuMarcMayJulySeptNove

LKR to TOP 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 0.0071, compared to 0.0073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0071

H2 Avg (Jul–Dec) 0.0073

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0009 TOP (High: 0.0074 / Low: 0.0065). On the other end, December was the most stable month, with a tight range of 0.0001 TOP (High: 0.0072 / Low: 0.0071).

March Spread (Volatile) ±0.0009

December Spread (Stable) ±0.0001

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 0.0004 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0078) against the same month in 2022 (average: 0.0065), the exchange rate shifted by +0.0013 (+20.55%).

2023 Avg (June) 0.0078

2022 Avg (June) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0064	0.0063	0.0064
February	0.0065	0.0063	0.0064
March	0.0074	0.0065	0.0071
April	0.0075	0.0071	0.0073
May	0.0081	0.0073	0.0076
June	0.0082	0.0074	0.0078
July	0.0077	0.0071	0.0074
August	0.0075	0.0073	0.0074
September	0.0074	0.0073	0.0074
October	0.0074	0.0073	0.0074
November	0.0074	0.0072	0.0073
December	0.0072	0.0071	0.0072