YEARLY HIGH
3.3774 LKR
YEARLY LOW
2.6061 LKR
YEARLY AVERAGE
2.9799 LKR

2023 XPF to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 3.3774. Conversely, the yearly low was recorded on June 2, dropping to 2.6061.

This high-to-low spread represents a total annual volatility of 0.7713 LKR. From a start-to-finish perspective, comparing the January average rate of 3.3062 to the December average rate of 2.9908, 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 3.3774 was up 2.54% compared to the 2022 peak of 3.2938, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,887 LKR
2022 Average 14,205 LKR
Yearly Trough Low 13,030 LKR
Transaction Impact: A difference of 3,856.74 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.3617
2.6955
JanuMarcMayJulySeptNove

XPF 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 3.0207, compared to 2.9390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0817 points.

H1 Avg (Jan–Jun) 3.0207
H2 Avg (Jul–Dec) 2.9390

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.3720 LKR (High: 3.0064 / Low: 2.6345). On the other end, September was the most stable month, with a tight range of 0.0595 LKR (High: 2.9136 / Low: 2.8541).

May Spread (Volatile) ±0.3720
September Spread (Stable) ±0.0595

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 0.2721 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 3.2742) against the same month in 2022 (average: 1.9243), the exchange rate shifted by +1.3499 (+70.15%).

2023 Avg (February) 3.2742
2022 Avg (February) 1.9243

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3446 3.2240 3.3062
February 3.3774 3.2079 3.2742
March 3.2401 2.8856 3.0021
April 3.0078 2.9039 2.9648
May 3.0064 2.6345 2.8260
June 2.9082 2.6061 2.7510
July 3.0756 2.7919 2.9599
August 2.9857 2.8928 2.9417
September 2.9136 2.8541 2.8920
October 2.9141 2.8431 2.8773
November 3.0365 2.9086 2.9722
December 3.0196 2.9518 2.9908