YEARLY HIGH
39.3937 UZS
YEARLY LOW
30.6110 UZS
YEARLY AVERAGE
35.8442 UZS

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LKR based on timing:

Yearly Peak High 196,968 UZS
2022 Average 178,982 UZS
Yearly Trough Low 153,055 UZS
Transaction Impact: A difference of 43,913.48 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

38.6147
30.2080
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 34.3896
H2 Avg (Jul–Dec) 37.2988

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±4.3374
November Spread (Stable) ±0.4029

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 1.6450 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.6450

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (June) 37.9142
2022 Avg (June) 30.4487

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