YEARLY HIGH
0.0026 XDR
YEARLY LOW
0.0020 XDR
YEARLY AVERAGE
0.0023 XDR

2023 LKR to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0026. Conversely, the yearly low was recorded on January 31, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0006 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0023, the exchange rate registered a net change of 12.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0026 was down 27.56% compared to the 2022 peak of 0.0036, 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 13 XDR
2022 Average 12 XDR
Yearly Trough Low 10 XDR
Transaction Impact: A difference of 2.87 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0025
0.0020
JanuMarcMayJulySeptNove

LKR to XDR 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 0.0023, compared to 0.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0023
H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0003 XDR (High: 0.0023 / Low: 0.0021). On the other end, December was the most stable month, with a tight range of 0.0000 XDR (High: 0.0023 / Low: 0.0023).

March Spread (Volatile) ±0.0003
December Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0025) against the same month in 2022 (average: 0.0020), the exchange rate shifted by +0.0004 (+22.10%).

2023 Avg (June) 0.0025
2022 Avg (June) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0021 0.0020 0.0020
February 0.0021 0.0020 0.0020
March 0.0023 0.0021 0.0022
April 0.0023 0.0023 0.0023
May 0.0026 0.0023 0.0024
June 0.0026 0.0023 0.0025
July 0.0025 0.0022 0.0023
August 0.0024 0.0023 0.0023
September 0.0024 0.0023 0.0023
October 0.0024 0.0023 0.0023
November 0.0023 0.0023 0.0023
December 0.0023 0.0023 0.0023