YEARLY HIGH
0.0234 TTD
YEARLY LOW
0.0185 TTD
YEARLY AVERAGE
0.0207 TTD

2023 LKR to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0234. Conversely, the yearly low was recorded on January 9, dropping to 0.0185.

This high-to-low spread represents a total annual volatility of 0.0049 TTD. From a start-to-finish perspective, comparing the January average rate of 0.0186 to the December average rate of 0.0208, the exchange rate registered a net change of 12.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0234 was down 30.62% compared to the 2022 peak of 0.0337, 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 117 TTD
2022 Average 110 TTD
Yearly Trough Low 92 TTD
Transaction Impact: A difference of 24.51 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0228
0.0182
JanuMarcMayJulySeptNove

LKR to TTD 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 0.0205, compared to 0.0209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0205
H2 Avg (Jul–Dec) 0.0209

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0027 TTD (High: 0.0213 / Low: 0.0186). On the other end, February was the most stable month, with a tight range of 0.0002 TTD (High: 0.0187 / Low: 0.0185).

March Spread (Volatile) ±0.0027
February Spread (Stable) ±0.0002

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 0.0012 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0224) against the same month in 2022 (average: 0.0189), the exchange rate shifted by +0.0035 (+18.72%).

2023 Avg (June) 0.0224
2022 Avg (June) 0.0189

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0187 0.0185 0.0186
February 0.0187 0.0185 0.0186
March 0.0213 0.0186 0.0203
April 0.0214 0.0205 0.0211
May 0.0231 0.0212 0.0219
June 0.0234 0.0212 0.0224
July 0.0222 0.0205 0.0212
August 0.0216 0.0209 0.0211
September 0.0212 0.0208 0.0210
October 0.0210 0.0207 0.0209
November 0.0208 0.0206 0.0207
December 0.0210 0.0207 0.0208