2023 SLL to LKR Historical Review

YEARLY HIGH

0.0209 LKR

YEARLY LOW

0.0150 LKR

YEARLY AVERAGE

0.0174 LKR

2023 SLL to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0209. Conversely, the yearly low was recorded on August 2, dropping to 0.0150.

This high-to-low spread represents a total annual volatility of 0.0058 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0207 to the December average rate of 0.0156, the exchange rate registered a net change of -24.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0209 was down 27.81% compared to the 2022 peak of 0.0289, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104 LKR

2022 Average 118 LKR

Yearly Trough Low 75 LKR

Transaction Impact: A difference of 29.06 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0212

0.0148

JanuMarcMayJulySeptNove

SLL 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 0.0189, compared to 0.0159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0189

H2 Avg (Jul–Dec) 0.0159

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0035 LKR (High: 0.0188 / Low: 0.0153). On the other end, November was the most stable month, with a tight range of 0.0001 LKR (High: 0.0157 / Low: 0.0156).

July Spread (Volatile) ±0.0035

November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0207) against the same month in 2022 (average: 0.0177), the exchange rate shifted by +0.0030 (+16.92%).

2023 Avg (February) 0.0207

2022 Avg (February) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0208	0.0206	0.0207
February	0.0209	0.0205	0.0207
March	0.0207	0.0181	0.0189
April	0.0187	0.0179	0.0182
May	0.0181	0.0166	0.0175
June	0.0181	0.0164	0.0171
July	0.0188	0.0153	0.0177
August	0.0155	0.0150	0.0153
September	0.0155	0.0153	0.0154
October	0.0156	0.0154	0.0155
November	0.0157	0.0156	0.0156
December	0.0157	0.0154	0.0156