2023 SBD to LKR Historical Review

YEARLY HIGH

44.9411 LKR

YEARLY LOW

34.8011 LKR

YEARLY AVERAGE

39.3911 LKR

2023 SBD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 44.9411. Conversely, the yearly low was recorded on June 2, dropping to 34.8011.

This high-to-low spread represents a total annual volatility of 10.1401 LKR. From a start-to-finish perspective, comparing the January average rate of 44.2517 to the December average rate of 38.6330, the exchange rate registered a net change of -12.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 44.9411 was down 0.88% compared to the 2022 peak of 45.3419, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 224,706 LKR

2022 Average 198,974 LKR

Yearly Trough Low 174,005 LKR

Transaction Impact: A difference of 50,700.27 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

45.1421

35.5064

JanuMarcMayJulySeptNove

SBD 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 40.2626, compared to 38.5195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7431 points.

H1 Avg (Jan–Jun) 40.2626

H2 Avg (Jul–Dec) 38.5195

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 5.5273 LKR (High: 44.3642 / Low: 38.8370). On the other end, December was the most stable month, with a tight range of 0.5074 LKR (High: 38.8529 / Low: 38.3455).

March Spread (Volatile) ±5.5273

December Spread (Stable) ±0.5074

Growth Streaks & Declines

Trends

Between June and November, 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 February and March, when the average rate fell by 3.7045 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.7045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 44.3391) against the same month in 2022 (average: 25.0314), the exchange rate shifted by +19.3076 (+77.13%).

2023 Avg (February) 44.3391

2022 Avg (February) 25.0314

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.7364	43.9392	44.2517
February	44.9411	43.7946	44.3391
March	44.3642	38.8370	40.6346
April	40.0932	37.9368	38.8267
May	38.5599	35.2715	37.2141
June	38.4012	34.8011	36.3093
July	39.6539	36.3670	38.1752
August	38.9047	37.6928	38.4483
September	38.8256	38.2013	38.4759
October	38.9539	38.0711	38.5342
November	39.1357	38.5638	38.8505
December	38.8529	38.3455	38.6330