YEARLY HIGH
88.4460 LKR
YEARLY LOW
69.2332 LKR
YEARLY AVERAGE
78.2717 LKR

2023 PLN to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 88.4460. Conversely, the yearly low was recorded on June 2, dropping to 69.2332.

This high-to-low spread represents a total annual volatility of 19.2128 LKR. From a start-to-finish perspective, comparing the January average rate of 84.3819 to the December average rate of 82.3835, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 88.4460 was up 3.20% compared to the 2022 peak of 85.7016, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 1,768,920 LKR
2022 Average 1,445,864 LKR
Yearly Trough Low 1,384,663 LKR
Transaction Impact: A difference of 384,256.44 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

85.4589
72.5349
JanuMarcMayJulySeptNove

PLN 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 77.8209, compared to 78.7226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9017 points.

H1 Avg (Jan–Jun) 77.8209
H2 Avg (Jul–Dec) 78.7226

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 8.9514 LKR (High: 82.4805 / Low: 73.5291). On the other end, December was the most stable month, with a tight range of 2.0446 LKR (High: 83.3277 / Low: 81.2831).

March Spread (Volatile) ±8.9514
December Spread (Stable) ±2.0446

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 6.0540 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.0540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 84.3819) against the same month in 2022 (average: 50.3559), the exchange rate shifted by +34.0260 (+67.57%).

2023 Avg (January) 84.3819
2022 Avg (January) 50.3559

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 88.4460 82.1763 84.3819
February 85.6963 81.3174 82.3602
March 82.4805 73.5291 76.3063
April 77.6410 74.0016 76.0973
May 77.0985 69.4327 74.1677
June 77.9719 69.2332 73.6119
July 82.8042 74.8595 79.4787
August 80.5037 77.6573 78.7325
September 77.2599 73.5097 75.0153
October 78.0734 73.2773 76.1359
November 83.8742 77.6654 80.5898
December 83.3277 81.2831 82.3835