2023 XAF to LKR Historical Review

YEARLY HIGH

0.6144 LKR

YEARLY LOW

0.4741 LKR

YEARLY AVERAGE

0.5421 LKR

2023 XAF to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.6144. Conversely, the yearly low was recorded on June 2, dropping to 0.4741.

This high-to-low spread represents a total annual volatility of 0.1403 LKR. From a start-to-finish perspective, comparing the January average rate of 0.6015 to the December average rate of 0.5441, the exchange rate registered a net change of -9.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6144 was up 2.54% compared to the 2022 peak of 0.5992, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,072 LKR

2022 Average 2,584 LKR

Yearly Trough Low 2,370 LKR

Transaction Impact: A difference of 701.62 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6116

0.4904

JanuMarcMayJulySeptNove

XAF 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 0.5495, compared to 0.5347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.5495

H2 Avg (Jul–Dec) 0.5347

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0677 LKR (High: 0.5469 / Low: 0.4793). On the other end, September was the most stable month, with a tight range of 0.0108 LKR (High: 0.5300 / Low: 0.5192).

May Spread (Volatile) ±0.0677

September Spread (Stable) ±0.0108

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 0.0495 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0495

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.5956) against the same month in 2022 (average: 0.3501), the exchange rate shifted by +0.2456 (+70.15%).

2023 Avg (February) 0.5956

2022 Avg (February) 0.3501

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6084	0.5865	0.6015
February	0.6144	0.5836	0.5956
March	0.5894	0.5249	0.5462
April	0.5472	0.5283	0.5394
May	0.5469	0.4793	0.5141
June	0.5291	0.4741	0.5005
July	0.5595	0.5079	0.5385
August	0.5432	0.5263	0.5352
September	0.5300	0.5192	0.5261
October	0.5301	0.5172	0.5234
November	0.5524	0.5291	0.5407
December	0.5493	0.5370	0.5441