YEARLY HIGH
78.6288 STD
YEARLY LOW
61.9553 STD
YEARLY AVERAGE
68.9658 STD

2023 LKR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 78.6288. Conversely, the yearly low was recorded on February 5, dropping to 61.9553.

This high-to-low spread represents a total annual volatility of 16.6735 STD. From a start-to-finish perspective, comparing the January average rate of 62.4095 to the December average rate of 68.1958, the exchange rate registered a net change of 9.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 78.6288 was down 25.86% compared to the 2022 peak of 106.0518, 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 393,144 STD
2022 Average 357,431 STD
Yearly Trough Low 309,776 STD
Transaction Impact: A difference of 83,367.64 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

76.7695
61.1041
JanuMarcMayJulySeptNove

LKR to STD 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 68.8890, compared to 69.0425 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1535 points.

H1 Avg (JanтАУJun) 68.8890
H2 Avg (JulтАУDec) 69.0425

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 8.9136 STD (High: 71.4046 / Low: 62.4910). On the other end, November was the most stable month, with a tight range of 0.6231 STD (High: 68.2829 / Low: 67.6598).

March Spread (Volatile) ┬▒8.9136
November Spread (Stable) ┬▒0.6231

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 4.1529 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -4.1529

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 75.4641) against the same month in 2022 (average: 63.1532), the exchange rate shifted by +12.3109 (+19.49%).

2023 Avg (June) 75.4641
2022 Avg (June) 63.1532

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 62.7447 62.0516 62.4095
February 63.0618 61.9553 62.5212
March 71.4046 62.4910 68.3346
April 72.1814 69.1515 70.8965
May 77.6435 71.3203 73.7083
June 78.6288 71.3155 75.4641
July 74.5791 67.6038 71.3112
August 70.6366 68.6020 69.2523
September 69.6261 68.3545 68.9455
October 69.0567 67.9448 68.5685
November 68.2829 67.6598 67.9819
December 68.8470 67.7697 68.1958