2023 SCR to LKR Historical Review

YEARLY HIGH

28.3111 LKR

YEARLY LOW

20.7272 LKR

YEARLY AVERAGE

24.4614 LKR

2023 SCR to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 28.3111. Conversely, the yearly low was recorded on June 2, dropping to 20.7272.

This high-to-low spread represents a total annual volatility of 7.5839 LKR. From a start-to-finish perspective, comparing the January average rate of 27.0204 to the December average rate of 24.3287, the exchange rate registered a net change of -9.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 28.3111 was down 1.25% compared to the 2022 peak of 28.6705, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 141,555 LKR

2022 Average 120,091 LKR

Yearly Trough Low 103,636 LKR

Transaction Impact: A difference of 37,919.42 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

27.5133

21.5989

JanuMarcMayJulySeptNove

SCR 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 24.6186, compared to 24.3042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3144 points.

H1 Avg (Jan–Jun) 24.6186

H2 Avg (Jul–Dec) 24.3042

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 4.0428 LKR (High: 27.2778 / Low: 23.2350). On the other end, August was the most stable month, with a tight range of 0.8826 LKR (High: 24.4158 / Low: 23.5332).

March Spread (Volatile) ±4.0428

August Spread (Stable) ±0.8826

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 2.1073 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.1073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 27.0204) against the same month in 2022 (average: 14.7303), the exchange rate shifted by +12.2902 (+83.43%).

2023 Avg (January) 27.0204

2022 Avg (January) 14.7303

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.3111	25.7481	27.0204
February	28.0251	25.7686	26.9532
March	27.2778	23.2350	24.8459
April	25.0084	22.8131	23.8402
May	24.2879	20.9977	22.9602
June	23.4054	20.7272	22.0917
July	25.0786	22.1208	23.9008
August	24.4158	23.5332	24.0622
September	25.5452	23.7602	24.6007
October	25.6647	23.5135	24.3926
November	25.2287	23.8988	24.5403
December	25.3870	23.3267	24.3287