YEARLY HIGH
0.0094 WST
YEARLY LOW
0.0073 WST
YEARLY AVERAGE
0.0083 WST

2023 LKR to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0094. Conversely, the yearly low was recorded on February 5, dropping to 0.0073.

This high-to-low spread represents a total annual volatility of 0.0021 WST. From a start-to-finish perspective, comparing the January average rate of 0.0074 to the December average rate of 0.0086, the exchange rate registered a net change of 16.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0094 was down 28.04% compared to the 2022 peak of 0.0130, 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 47 WST
2022 Average 43 WST
Yearly Trough Low 37 WST
Transaction Impact: A difference of 10.33 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0092
0.0072
JanuMarcMayJulySeptNove

LKR to WST 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 0.0082, compared to 0.0085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0082
H2 Avg (Jul–Dec) 0.0085

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0011 WST (High: 0.0084 / Low: 0.0074). On the other end, November was the most stable month, with a tight range of 0.0001 WST (High: 0.0086 / Low: 0.0085).

March Spread (Volatile) ±0.0011
November 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 0.0005 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0090) against the same month in 2022 (average: 0.0073), the exchange rate shifted by +0.0017 (+22.80%).

2023 Avg (June) 0.0090
2022 Avg (June) 0.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0074 0.0073 0.0074
February 0.0075 0.0073 0.0074
March 0.0084 0.0074 0.0081
April 0.0086 0.0083 0.0085
May 0.0093 0.0085 0.0088
June 0.0094 0.0085 0.0090
July 0.0089 0.0082 0.0085
August 0.0086 0.0084 0.0084
September 0.0085 0.0083 0.0084
October 0.0086 0.0084 0.0085
November 0.0086 0.0085 0.0085
December 0.0087 0.0085 0.0086