YEARLY HIGH
0.1337 UYU
YEARLY LOW
0.1047 UYU
YEARLY AVERAGE
0.1185 UYU

2023 LKR to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.1337. Conversely, the yearly low was recorded on February 4, dropping to 0.1047.

This high-to-low spread represents a total annual volatility of 0.0290 UYU. From a start-to-finish perspective, comparing the January average rate of 0.1080 to the December average rate of 0.1202, the exchange rate registered a net change of 11.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1337 was down 39.68% compared to the 2022 peak of 0.2217, 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 669 UYU
2022 Average 674 UYU
Yearly Trough Low 524 UYU
Transaction Impact: A difference of 144.91 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1286
0.1051
JanuMarcMayJulySeptNove

LKR to UYU 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 0.1174, compared to 0.1195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1174
H2 Avg (Jul–Dec) 0.1195

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0147 UYU (High: 0.1220 / Low: 0.1073). On the other end, September was the most stable month, with a tight range of 0.0017 UYU (High: 0.1184 / Low: 0.1168).

March Spread (Volatile) ±0.0147
September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0081 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1266) against the same month in 2022 (average: 0.1107), the exchange rate shifted by +0.0159 (+14.37%).

2023 Avg (June) 0.1266
2022 Avg (June) 0.1107

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1091 0.1053 0.1080
February 0.1094 0.1047 0.1070
March 0.1220 0.1073 0.1170
April 0.1219 0.1176 0.1204
May 0.1319 0.1209 0.1256
June 0.1337 0.1209 0.1266
July 0.1224 0.1140 0.1186
August 0.1201 0.1161 0.1177
September 0.1184 0.1168 0.1177
October 0.1234 0.1185 0.1219
November 0.1227 0.1188 0.1210
December 0.1219 0.1187 0.1202