YEARLY HIGH
0.0161 LKR
YEARLY LOW
0.0127 LKR
YEARLY AVERAGE
0.0145 LKR

2023 STD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0161. Conversely, the yearly low was recorded on June 2, dropping to 0.0127.

This high-to-low spread represents a total annual volatility of 0.0034 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0160 to the December average rate of 0.0147, the exchange rate registered a net change of -8.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0161 was down 2.30% compared to the 2022 peak of 0.0165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81 LKR
2022 Average 73 LKR
Yearly Trough Low 64 LKR
Transaction Impact: A difference of 17.11 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0163
0.0130
JanuMarcMayJulySeptNove

STD 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 0.0146, compared to 0.0145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0146
H2 Avg (Jul–Dec) 0.0145

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0020 LKR (High: 0.0160 / Low: 0.0140). On the other end, November was the most stable month, with a tight range of 0.0001 LKR (High: 0.0148 / Low: 0.0146).

March Spread (Volatile) ±0.0020
November Spread (Stable) ±0.0001

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 0.0013 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0160) against the same month in 2022 (average: 0.0096), the exchange rate shifted by +0.0064 (+67.05%).

2023 Avg (February) 0.0160
2022 Avg (February) 0.0096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0161 0.0159 0.0160
February 0.0161 0.0159 0.0160
March 0.0160 0.0140 0.0147
April 0.0145 0.0139 0.0141
May 0.0140 0.0129 0.0136
June 0.0140 0.0127 0.0133
July 0.0148 0.0134 0.0140
August 0.0146 0.0142 0.0144
September 0.0146 0.0144 0.0145
October 0.0147 0.0145 0.0146
November 0.0148 0.0146 0.0147
December 0.0148 0.0145 0.0147