2023 WST to LKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 WST to LKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the WST to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 136.5663. Conversely, the yearly low was recorded on June 2, dropping to 106.5030.
This high-to-low spread represents a total annual volatility of 30.0633 LKR. From a start-to-finish perspective, comparing the January average rate of 135.5739 to the December average rate of 116.6925, the exchange rate registered a net change of -13.93% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 136.5663 was down 2.27% compared to the 2022 peak of 139.7447, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 WST based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
WST to LKR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 122.9491, compared to 117.7319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2173 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 16.9018 LKR (High: 135.3957 / Low: 118.4939). On the other end, November was the most stable month, with a tight range of 1.0732 LKR (High: 117.6146 / Low: 116.5414).
Growth Streaks & Declines
TrendsBetween June and September, 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 11.4046 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 135.3320) against the same month in 2022 (average: 77.2967), the exchange rate shifted by +58.0354 (+75.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 136.3543 | 134.8482 | 135.5739 |
| February | 136.5663 | 134.1700 | 135.3320 |
| March | 135.3957 | 118.4939 | 123.9275 |
| April | 121.0994 | 116.0162 | 118.1271 |
| May | 117.4170 | 107.8546 | 113.6879 |
| June | 117.4248 | 106.5030 | 111.0464 |
| July | 121.8626 | 112.2863 | 117.2111 |
| August | 119.4770 | 116.0356 | 118.3602 |
| September | 119.9095 | 117.7197 | 118.8844 |
| October | 119.5334 | 115.8067 | 118.1847 |
| November | 117.6146 | 116.5414 | 117.0585 |
| December | 117.4239 | 115.5865 | 116.6925 |