2023 SOS to LKR Historical Review

YEARLY HIGH

0.6489 LKR

YEARLY LOW

0.5104 LKR

YEARLY AVERAGE

0.5772 LKR

2023 SOS to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.6489. Conversely, the yearly low was recorded on June 5, dropping to 0.5104.

This high-to-low spread represents a total annual volatility of 0.1385 LKR. From a start-to-finish perspective, comparing the January average rate of 0.6431 to the December average rate of 0.5715, the exchange rate registered a net change of -11.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6489 was down 0.71% compared to the 2022 peak of 0.6535, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,244 LKR

2022 Average 2,821 LKR

Yearly Trough Low 2,552 LKR

Transaction Impact: A difference of 692.47 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6542

0.5211

JanuMarcMayJulySeptNove

SOS 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 0.5863, compared to 0.5681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 0.5863

H2 Avg (Jul–Dec) 0.5681

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0794 LKR (High: 0.6423 / Low: 0.5629). On the other end, November was the most stable month, with a tight range of 0.0039 LKR (High: 0.5764 / Low: 0.5725).

March Spread (Volatile) ±0.0794

November Spread (Stable) ±0.0039

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 0.0532 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.6420) against the same month in 2022 (average: 0.3482), the exchange rate shifted by +0.2938 (+84.36%).

2023 Avg (February) 0.6420

2022 Avg (February) 0.3482

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6465	0.6393	0.6431
February	0.6489	0.6366	0.6420
March	0.6423	0.5629	0.5888
April	0.5806	0.5607	0.5667
May	0.5628	0.5173	0.5450
June	0.5629	0.5104	0.5322
July	0.5831	0.5373	0.5615
August	0.5705	0.5531	0.5653
September	0.5710	0.5618	0.5669
October	0.5739	0.5665	0.5692
November	0.5764	0.5725	0.5745
December	0.5744	0.5665	0.5715