2023 LKR to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LKR to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LKR to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 39.3937. Conversely, the yearly low was recorded on January 1, dropping to 30.6110.
This high-to-low spread represents a total annual volatility of 8.7827 UZS. From a start-to-finish perspective, comparing the January average rate of 30.9085 to the December average rate of 37.8106, the exchange rate registered a net change of 22.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 39.3937 was down 27.18% compared to the 2022 peak of 54.0955, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LKR to UZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 34.3896, compared to 37.2988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9092 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 4.3374 UZS (High: 35.5956 / Low: 31.2582). On the other end, November was the most stable month, with a tight range of 0.4029 UZS (High: 37.5786 / Low: 37.1757).
Growth Streaks & Declines
TrendsBetween 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 1.6450 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 37.9142) against the same month in 2022 (average: 30.4487), the exchange rate shifted by +7.4655 (+24.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.1460 | 30.6110 | 30.9085 |
| February | 31.3142 | 30.7179 | 31.0579 |
| March | 35.5956 | 31.2582 | 34.0773 |
| April | 35.9012 | 34.5849 | 35.4291 |
| May | 38.8056 | 35.6192 | 36.9509 |
| June | 39.3937 | 35.8688 | 37.9142 |
| July | 37.7203 | 34.9649 | 36.2692 |
| August | 37.7013 | 36.0324 | 37.0358 |
| September | 37.8669 | 37.4227 | 37.6443 |
| October | 37.8727 | 37.2483 | 37.5900 |
| November | 37.5786 | 37.1757 | 37.4430 |
| December | 38.2112 | 37.4256 | 37.8106 |