2023 NZD to LKR Historical Review

YEARLY HIGH

238.4446 LKR

YEARLY LOW

176.0083 LKR

YEARLY AVERAGE

201.9912 LKR

2023 NZD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 238.4446. Conversely, the yearly low was recorded on June 2, dropping to 176.0083.

This high-to-low spread represents a total annual volatility of 62.4364 LKR. From a start-to-finish perspective, comparing the January average rate of 234.2675 to the December average rate of 203.5140, the exchange rate registered a net change of -13.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 238.4446 was down 0.32% compared to the 2022 peak of 239.2162, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,192,223 LKR

2022 Average 1,023,034 LKR

Yearly Trough Low 880,041 LKR

Transaction Impact: A difference of 312,181.91 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

239.1202

180.8874

JanuMarcMayJulySeptNove

NZD 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 208.2015, compared to 195.7808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.4207 points.

H1 Avg (Jan–Jun) 208.2015

H2 Avg (Jul–Dec) 195.7808

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 25.6975 LKR (High: 223.8406 / Low: 198.1431). On the other end, September was the most stable month, with a tight range of 5.3304 LKR (High: 194.8084 / Low: 189.4780).

March Spread (Volatile) ±25.6975

September Spread (Stable) ±5.3304

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 21.7181 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -21.7181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 229.2883) against the same month in 2022 (average: 135.1436), the exchange rate shifted by +94.1447 (+69.66%).

2023 Avg (February) 229.2883

2022 Avg (February) 135.1436

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	237.4543	227.7002	234.2675
February	238.4446	223.7334	229.2883
March	223.8406	198.1431	207.5702
April	206.5500	195.1290	199.9316
May	202.1558	177.0616	192.4114
June	198.3465	176.0083	185.7401
July	206.4335	187.6300	198.7490
August	197.7416	190.3936	192.6672
September	194.8084	189.4780	191.5928
October	195.8440	189.1724	191.5616
November	202.6615	192.1164	196.6003
December	206.4123	200.5351	203.5140