YEARLY HIGH
77.2628 LKR
YEARLY LOW
60.0970 LKR
YEARLY AVERAGE
68.3386 LKR

2023 LYD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 77.2628. Conversely, the yearly low was recorded on June 4, dropping to 60.0970.

This high-to-low spread represents a total annual volatility of 17.1658 LKR. From a start-to-finish perspective, comparing the January average rate of 76.4888 to the December average rate of 67.9620, the exchange rate registered a net change of -11.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 77.2628 was up 0.71% compared to the 2022 peak of 76.7211, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 386,314 LKR
2022 Average 335,919 LKR
Yearly Trough Low 300,485 LKR
Transaction Impact: A difference of 85,828.75 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

77.8508
61.5072
JanuMarcMayJulySeptNove

LYD 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 69.5866, compared to 67.0905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4961 points.

H1 Avg (Jan–Jun) 69.5866
H2 Avg (Jul–Dec) 67.0905

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 8.4617 LKR (High: 75.2268 / Low: 66.7651). On the other end, September was the most stable month, with a tight range of 0.7326 LKR (High: 67.0586 / Low: 66.3260).

March Spread (Volatile) ±8.4617
September Spread (Stable) ±0.7326

Growth Streaks & Declines

Trends

Between October and December, 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 6.5616 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.5616

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 76.4888) against the same month in 2022 (average: 44.1338), the exchange rate shifted by +32.3550 (+73.31%).

2023 Avg (January) 76.4888
2022 Avg (January) 44.1338

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 77.2628 75.7074 76.4888
February 77.1487 74.6586 76.1472
March 75.2268 66.7651 69.5856
April 69.0497 66.6748 67.6207
May 67.4540 60.9556 64.8082
June 66.4588 60.0970 62.8692
July 69.9981 63.6439 66.9720
August 67.4777 65.8117 66.9102
September 67.0586 66.3260 66.6115
October 67.0386 65.7818 66.4420
November 68.5154 66.6631 67.6455
December 68.3996 67.5449 67.9620