YEARLY HIGH
4.5120 LKR
YEARLY LOW
3.5234 LKR
YEARLY AVERAGE
3.9813 LKR

2023 BTN to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 4.5120. Conversely, the yearly low was recorded on June 5, dropping to 3.5234.

This high-to-low spread represents a total annual volatility of 0.9886 LKR. From a start-to-finish perspective, comparing the January average rate of 4.4698 to the December average rate of 3.9214, the exchange rate registered a net change of -12.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 4.5120 was down 4.24% compared to the 2022 peak of 4.7117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,560 LKR
2022 Average 20,539 LKR
Yearly Trough Low 17,617 LKR
Transaction Impact: A difference of 4,942.76 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4.5485
3.6041
JanuMarcMayJulySeptNove

BTN 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 4.0563, compared to 3.9064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1499 points.

H1 Avg (Jan–Jun) 4.0563
H2 Avg (Jul–Dec) 3.9064

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.5625 LKR (High: 4.4546 / Low: 3.8921). On the other end, November was the most stable month, with a tight range of 0.0414 LKR (High: 3.9570 / Low: 3.9156).

March Spread (Volatile) ±0.5625
November Spread (Stable) ±0.0414

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 February and March, when the average rate fell by 0.3523 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3523

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 4.4698) against the same month in 2022 (average: 2.7218), the exchange rate shifted by +1.7479 (+64.22%).

2023 Avg (January) 4.4698
2022 Avg (January) 2.7218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.5120 4.4074 4.4698
February 4.4645 4.3769 4.4201
March 4.4546 3.8921 4.0677
April 4.0238 3.8833 3.9314
May 3.9182 3.5551 3.7661
June 3.8965 3.5234 3.6828
July 4.0593 3.7312 3.8899
August 3.9319 3.8138 3.8856
September 3.9188 3.8673 3.8935
October 3.9443 3.8879 3.9081
November 3.9570 3.9156 3.9397
December 3.9421 3.8831 3.9214