YEARLY HIGH
0.0508 LKR
YEARLY LOW
0.0401 LKR
YEARLY AVERAGE
0.0451 LKR

2023 PYG to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.0508. Conversely, the yearly low was recorded on June 2, dropping to 0.0401.

This high-to-low spread represents a total annual volatility of 0.0107 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0496 to the December average rate of 0.0444, the exchange rate registered a net change of -10.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0508 was down 4.70% compared to the 2022 peak of 0.0533, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 254 LKR
2022 Average 232 LKR
Yearly Trough Low 200 LKR
Transaction Impact: A difference of 53.50 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0508
0.0409
JanuMarcMayJulySeptNove

PYG 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 0.0460, compared to 0.0442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0460
H2 Avg (Jul–Dec) 0.0442

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0063 LKR (High: 0.0508 / Low: 0.0445). On the other end, December was the most stable month, with a tight range of 0.0006 LKR (High: 0.0447 / Low: 0.0441).

March Spread (Volatile) ±0.0063
December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and September, 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 0.0035 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0465) against the same month in 2022 (average: 0.0367), the exchange rate shifted by +0.0098 (+26.82%).

2023 Avg (March) 0.0465
2022 Avg (March) 0.0367

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0502 0.0489 0.0496
February 0.0503 0.0496 0.0500
March 0.0508 0.0445 0.0465
April 0.0462 0.0442 0.0450
May 0.0446 0.0408 0.0430
June 0.0442 0.0401 0.0417
July 0.0457 0.0422 0.0440
August 0.0447 0.0433 0.0442
September 0.0447 0.0440 0.0444
October 0.0445 0.0437 0.0441
November 0.0443 0.0437 0.0441
December 0.0447 0.0441 0.0444