2023 LSL to LKR Historical Review

YEARLY HIGH

21.8067 LKR

YEARLY LOW

14.8327 LKR

YEARLY AVERAGE

17.8510 LKR

2023 LSL to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LSL to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 21.8067. Conversely, the yearly low was recorded on June 2, dropping to 14.8327.

This high-to-low spread represents a total annual volatility of 6.9741 LKR. From a start-to-finish perspective, comparing the January average rate of 21.3831 to the December average rate of 17.5035, the exchange rate registered a net change of -18.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.8067 was down 7.60% compared to the 2022 peak of 23.6003, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109,034 LKR

2022 Average 98,667 LKR

Yearly Trough Low 74,163 LKR

Transaction Impact: A difference of 34,870.40 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.9035

15.6593

JanuMarcMayJulySeptNove

LSL to LKR 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 18.3866, compared to 17.3155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0711 points.

H1 Avg (Jan–Jun) 18.3866

H2 Avg (Jul–Dec) 17.3155

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2.6131 LKR (High: 18.8064 / Low: 16.1933). On the other end, September was the most stable month, with a tight range of 0.5851 LKR (High: 17.3749 / Low: 16.7897).

July Spread (Volatile) ±2.6131

September Spread (Stable) ±0.5851

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.0934 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.0934

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 21.3831) against the same month in 2022 (average: 13.0840), the exchange rate shifted by +8.2991 (+63.43%).

2023 Avg (January) 21.3831

2022 Avg (January) 13.0840

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.8067	21.0768	21.3831
February	21.4151	19.6355	20.4012
March	19.7168	17.3548	18.3078
April	18.5123	17.3365	17.7544
May	17.4749	14.8867	16.2932
June	17.3508	14.8327	16.1797
July	18.8064	16.1933	17.5444
August	17.7131	16.5021	17.1177
September	17.3749	16.7897	17.0469
October	17.4522	16.6111	17.0544
November	18.1099	16.6990	17.6262
December	18.0052	17.1019	17.5035