2023 LKR to XCD Historical Review

YEARLY HIGH

0.0093 XCD

YEARLY LOW

0.0073 XCD

YEARLY AVERAGE

0.0083 XCD

2023 LKR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0093. Conversely, the yearly low was recorded on February 5, dropping to 0.0073.

This high-to-low spread represents a total annual volatility of 0.0020 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0074 to the December average rate of 0.0083, the exchange rate registered a net change of 11.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0093 was down 30.75% compared to the 2022 peak of 0.0134, 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 XCD

2022 Average 44 XCD

Yearly Trough Low 37 XCD

Transaction Impact: A difference of 9.87 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0091

0.0072

JanuMarcMayJulySeptNove

LKR to XCD 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 0.0083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0082

H2 Avg (Jul–Dec) 0.0083

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0011 XCD (High: 0.0085 / Low: 0.0074). On the other end, November was the most stable month, with a tight range of 0.0001 XCD (High: 0.0083 / Low: 0.0082).

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: 0.0089) against the same month in 2022 (average: 0.0075), the exchange rate shifted by +0.0014 (+18.91%).

2023 Avg (June) 0.0089

2022 Avg (June) 0.0075

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	0.0085	0.0074	0.0081
April	0.0085	0.0082	0.0084
May	0.0092	0.0084	0.0087
June	0.0093	0.0084	0.0089
July	0.0088	0.0081	0.0085
August	0.0086	0.0083	0.0084
September	0.0084	0.0083	0.0084
October	0.0084	0.0082	0.0083
November	0.0083	0.0082	0.0082
December	0.0084	0.0082	0.0083