2023 SVC to LKR Historical Review

YEARLY HIGH

42.1046 LKR

YEARLY LOW

33.1693 LKR

YEARLY AVERAGE

37.5732 LKR

2023 SVC to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 42.1046. Conversely, the yearly low was recorded on June 2, dropping to 33.1693.

This high-to-low spread represents a total annual volatility of 8.9352 LKR. From a start-to-finish perspective, comparing the January average rate of 41.7952 to the December average rate of 37.3029, the exchange rate registered a net change of -10.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 42.1046 was down 0.17% compared to the 2022 peak of 42.1764, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 210,523 LKR

2022 Average 185,225 LKR

Yearly Trough Low 165,847 LKR

Transaction Impact: A difference of 44,676.10 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

42.5151

33.8757

JanuMarcMayJulySeptNove

SVC 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 38.1078, compared to 37.0386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0691 points.

H1 Avg (Jan–Jun) 38.1078

H2 Avg (Jul–Dec) 37.0386

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 5.1482 LKR (High: 41.7235 / Low: 36.5752). On the other end, November was the most stable month, with a tight range of 0.3440 LKR (High: 37.6600 / Low: 37.3160).

March Spread (Volatile) ±5.1482

November Spread (Stable) ±0.3440

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 3.4414 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.4414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 41.7172) against the same month in 2022 (average: 23.1421), the exchange rate shifted by +18.5751 (+80.27%).

2023 Avg (February) 41.7172

2022 Avg (February) 23.1421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.0041	41.5853	41.7952
February	42.1046	41.3605	41.7172
March	41.7235	36.5752	38.2758
April	37.8006	36.2847	36.8341
May	36.6195	33.6083	35.4288
June	36.5715	33.1693	34.5956
July	37.9493	34.9727	36.5405
August	37.1461	35.9988	36.7742
September	37.2315	36.5704	36.9441
October	37.5209	37.0014	37.1660
November	37.6600	37.3160	37.5042
December	37.5176	36.9946	37.3029