2023 TJS to LKR Historical Review

YEARLY HIGH

36.4745 LKR

YEARLY LOW

26.5781 LKR

YEARLY AVERAGE

30.4756 LKR

2023 TJS to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 36.4745. Conversely, the yearly low was recorded on June 2, dropping to 26.5781.

This high-to-low spread represents a total annual volatility of 9.8964 LKR. From a start-to-finish perspective, comparing the January average rate of 35.7431 to the December average rate of 29.8687, the exchange rate registered a net change of -16.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 36.4745 was down 1.95% compared to the 2022 peak of 37.1986, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 182,373 LKR

2022 Average 150,055 LKR

Yearly Trough Low 132,891 LKR

Transaction Impact: A difference of 49,482.22 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.5462

26.9092

JanuMarcMayJulySeptNove

TJS 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 31.3754, compared to 29.5758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7996 points.

H1 Avg (Jan–Jun) 31.3754

H2 Avg (Jul–Dec) 29.5758

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 7.2092 LKR (High: 36.4745 / Low: 29.2654). On the other end, December was the most stable month, with a tight range of 0.4471 LKR (High: 30.0399 / Low: 29.5928).

March Spread (Volatile) ±7.2092

December Spread (Stable) ±0.4471

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 3.3929 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.3929

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 31.7540) against the same month in 2022 (average: 20.4563), the exchange rate shifted by +11.2978 (+55.23%).

2023 Avg (March) 31.7540

2022 Avg (March) 20.4563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.1008	35.4259	35.7431
February	36.4299	33.6986	35.1469
March	36.4745	29.2654	31.7540
April	30.2332	29.1138	29.5170
May	29.3284	26.9350	28.3791
June	29.3306	26.5781	27.7123
July	30.3525	27.9584	29.2266
August	29.5872	28.7281	29.3178
September	29.6557	29.1307	29.4303
October	29.9508	29.4728	29.6288
November	30.1889	29.7010	29.9826
December	30.0399	29.5928	29.8687