2023 MDL to LKR Historical Review

YEARLY HIGH

19.6630 LKR

YEARLY LOW

16.3301 LKR

YEARLY AVERAGE

18.1470 LKR

2023 MDL to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 19.6630. Conversely, the yearly low was recorded on June 5, dropping to 16.3301.

This high-to-low spread represents a total annual volatility of 3.3329 LKR. From a start-to-finish perspective, comparing the January average rate of 19.2585 to the December average rate of 18.5595, the exchange rate registered a net change of -3.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.6630 was up 2.00% compared to the 2022 peak of 19.2765, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98,315 LKR

2022 Average 85,511 LKR

Yearly Trough Low 81,651 LKR

Transaction Impact: A difference of 16,664.26 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.7024

16.6545

JanuMarcMayJulySeptNove

MDL 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 18.1458, compared to 18.1482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 18.1458

H2 Avg (Jul–Dec) 18.1482

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2.3094 LKR (High: 19.0292 / Low: 16.7198). On the other end, October was the most stable month, with a tight range of 0.3632 LKR (High: 18.1188 / Low: 17.7556).

July Spread (Volatile) ±2.3094

October Spread (Stable) ±0.3632

Growth Streaks & Declines

Trends

Between June and August, 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 1.4776 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.4776

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 19.4484) against the same month in 2022 (average: 11.3147), the exchange rate shifted by +8.1337 (+71.89%).

2023 Avg (February) 19.4484

2022 Avg (February) 11.3147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.6116	19.0251	19.2585
February	19.6630	19.1696	19.4484
March	19.4798	17.2663	17.9707
April	18.1939	17.5026	17.8494
May	17.9963	16.5586	17.4395
June	18.0055	16.3301	16.9085
July	19.0292	16.7198	17.8600
August	18.3994	17.7877	18.2008
September	18.1929	17.7673	17.9807
October	18.1188	17.7556	17.9231
November	18.5742	18.0941	18.3654
December	18.8193	18.2385	18.5595