YEARLY HIGH
0.1936 PHP
YEARLY LOW
0.1457 PHP
YEARLY AVERAGE
0.1698 PHP

2023 LKR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.1936. Conversely, the yearly low was recorded on February 5, dropping to 0.1457.

This high-to-low spread represents a total annual volatility of 0.0479 PHP. From a start-to-finish perspective, comparing the January average rate of 0.1502 to the December average rate of 0.1699, the exchange rate registered a net change of 13.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1936 was down 25.36% compared to the 2022 peak of 0.2593, 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 968 PHP
2022 Average 877 PHP
Yearly Trough Low 728 PHP
Transaction Impact: A difference of 239.56 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1880
0.1468
JanuMarcMayJulySeptNove

LKR to PHP 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: JanтАУJun) was 0.1668, compared to 0.1729 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0061 points.

H1 Avg (JanтАУJun) 0.1668
H2 Avg (JulтАУDec) 0.1729

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0194 PHP (High: 0.1707 / Low: 0.1513). On the other end, October was the most stable month, with a tight range of 0.0028 PHP (High: 0.1759 / Low: 0.1731).

March Spread (Volatile) ┬▒0.0194
October Spread (Stable) ┬▒0.0028

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 0.0125 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1845) against the same month in 2022 (average: 0.1494), the exchange rate shifted by +0.0352 (+23.56%).

2023 Avg (June) 0.1845
2022 Avg (June) 0.1494

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.1531 0.1486 0.1502
February 0.1532 0.1457 0.1503
March 0.1707 0.1513 0.1638
April 0.1755 0.1645 0.1716
May 0.1917 0.1729 0.1801
June 0.1936 0.1748 0.1845
July 0.1806 0.1643 0.1721
August 0.1769 0.1720 0.1750
September 0.1775 0.1743 0.1757
October 0.1759 0.1731 0.1747
November 0.1729 0.1681 0.1700
December 0.1717 0.1685 0.1699