YEARLY HIGH
0.3837 XPF
YEARLY LOW
0.2961 XPF
YEARLY AVERAGE
0.3366 XPF

2023 LKR to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.3837. Conversely, the yearly low was recorded on February 1, dropping to 0.2961.

This high-to-low spread represents a total annual volatility of 0.0876 XPF. From a start-to-finish perspective, comparing the January average rate of 0.3025 to the December average rate of 0.3344, the exchange rate registered a net change of 10.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3837 was down 29.55% compared to the 2022 peak of 0.5447, 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 1,919 XPF
2022 Average 1,824 XPF
Yearly Trough Low 1,480 XPF
Transaction Impact: A difference of 438.18 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3701
0.2963
JanuMarcMayJulySeptNove

LKR to XPF 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 0.3328, compared to 0.3404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.3328
H2 Avg (Jul–Dec) 0.3404

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0470 XPF (High: 0.3796 / Low: 0.3326). On the other end, September was the most stable month, with a tight range of 0.0072 XPF (High: 0.3504 / Low: 0.3432).

May Spread (Volatile) ±0.0470
September Spread (Stable) ±0.0072

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 0.0257 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0257

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.3639) against the same month in 2022 (average: 0.3140), the exchange rate shifted by +0.0499 (+15.89%).

2023 Avg (June) 0.3639
2022 Avg (June) 0.3140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3102 0.2990 0.3025
February 0.3117 0.2961 0.3055
March 0.3466 0.3086 0.3334
April 0.3444 0.3325 0.3373
May 0.3796 0.3326 0.3544
June 0.3837 0.3439 0.3639
July 0.3582 0.3251 0.3383
August 0.3457 0.3349 0.3400
September 0.3504 0.3432 0.3458
October 0.3517 0.3432 0.3476
November 0.3438 0.3293 0.3365
December 0.3388 0.3312 0.3344