2023 TWD to LKR Historical Review

YEARLY HIGH

12.3169 LKR

YEARLY LOW

9.4609 LKR

YEARLY AVERAGE

10.5621 LKR

2023 TWD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 12.3169. Conversely, the yearly low was recorded on June 2, dropping to 9.4609.

This high-to-low spread represents a total annual volatility of 2.8560 LKR. From a start-to-finish perspective, comparing the January average rate of 12.0339 to the December average rate of 10.4683, the exchange rate registered a net change of -13.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.3169 was down 2.14% compared to the 2022 peak of 12.5863, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,584 LKR

2022 Average 54,123 LKR

Yearly Trough Low 47,304 LKR

Transaction Impact: A difference of 14,280.08 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.2835

9.5978

JanuMarcMayJulySeptNove

TWD 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 10.9147, compared to 10.2094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7053 points.

H1 Avg (Jan–Jun) 10.9147

H2 Avg (Jul–Dec) 10.2094

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.3654 LKR (High: 11.8488 / Low: 10.4834). On the other end, September was the most stable month, with a tight range of 0.1153 LKR (High: 10.1541 / Low: 10.0389).

March Spread (Volatile) ±1.3654

September Spread (Stable) ±0.1153

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.1146 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 12.0597) against the same month in 2022 (average: 7.2655), the exchange rate shifted by +4.7942 (+65.99%).

2023 Avg (February) 12.0597

2022 Avg (February) 7.2655

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2307	11.8938	12.0339
February	12.3169	11.8043	12.0597
March	11.8488	10.4834	10.9451
April	10.8074	10.2797	10.5355
May	10.4606	9.5874	10.0923
June	10.4091	9.4609	9.8217
July	10.6506	9.8212	10.2395
August	10.2213	9.9683	10.1126
September	10.1541	10.0389	10.0920
October	10.1441	10.0187	10.0661
November	10.5227	10.0844	10.2779
December	10.6003	10.3851	10.4683