YEARLY HIGH
0.6434 LKR
YEARLY LOW
0.4830 LKR
YEARLY AVERAGE
0.5516 LKR

2023 SDG to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.6434. Conversely, the yearly low was recorded on June 2, dropping to 0.4830.

This high-to-low spread represents a total annual volatility of 0.1604 LKR. From a start-to-finish perspective, comparing the January average rate of 0.6340 to the December average rate of 0.5437, the exchange rate registered a net change of -14.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6434 was down 20.19% compared to the 2022 peak of 0.8061, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,217 LKR
2022 Average 3,249 LKR
Yearly Trough Low 2,415 LKR
Transaction Impact: A difference of 801.84 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6471
0.4903
JanuMarcMayJulySeptNove

SDG 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 0.5638, compared to 0.5393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0245 points.

H1 Avg (Jan–Jun) 0.5638
H2 Avg (Jul–Dec) 0.5393

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0706 LKR (High: 0.6149 / Low: 0.5443). On the other end, December was the most stable month, with a tight range of 0.0086 LKR (High: 0.5471 / Low: 0.5385).

March Spread (Volatile) ±0.0706
December Spread (Stable) ±0.0086

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 0.0563 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0563

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6340) against the same month in 2022 (average: 0.4621), the exchange rate shifted by +0.1719 (+37.20%).

2023 Avg (January) 0.6340
2022 Avg (January) 0.4621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6434 0.6252 0.6340
February 0.6314 0.6140 0.6234
March 0.6149 0.5443 0.5671
April 0.5677 0.5274 0.5386
May 0.5347 0.4891 0.5164
June 0.5325 0.4830 0.5034
July 0.5522 0.5088 0.5313
August 0.5404 0.5244 0.5351
September 0.5419 0.5320 0.5375
October 0.5461 0.5364 0.5408
November 0.5999 0.5431 0.5477
December 0.5471 0.5385 0.5437