2023 AFN to KHR Historical Review

YEARLY HIGH

59.6620 KHR

YEARLY LOW

44.4318 KHR

YEARLY AVERAGE

50.0311 KHR

2023 AFN to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 59.6620. Conversely, the yearly low was recorded on April 18, dropping to 44.4318.

This high-to-low spread represents a total annual volatility of 15.2302 KHR. From a start-to-finish perspective, comparing the January average rate of 46.3067 to the December average rate of 58.7730, the exchange rate registered a net change of 26.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 59.6620 was up 22.96% compared to the 2022 peak of 48.5205, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 298,310 KHR

2022 Average 227,732 KHR

Yearly Trough Low 222,159 KHR

Transaction Impact: A difference of 76,150.84 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

60.0932

44.2512

JanuMarcMayJulySeptNove

AFN to KHR 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 46.6029, compared to 53.4594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.8564 points.

H1 Avg (Jan–Jun) 46.6029

H2 Avg (Jul–Dec) 53.4594

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 5.7991 KHR (High: 56.8551 / Low: 51.0559). On the other end, February was the most stable month, with a tight range of 0.9621 KHR (High: 46.0513 / Low: 45.0892).

September Spread (Volatile) ±5.7991

February Spread (Stable) ±0.9621

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7353 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.7353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 57.6298) against the same month in 2022 (average: 47.0657), the exchange rate shifted by +10.5641 (+22.45%).

2023 Avg (November) 57.6298

2022 Avg (November) 47.0657

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.9645	45.5938	46.3067
February	46.0513	45.0892	45.5714
March	47.3674	45.3296	46.2203
April	47.7040	44.4318	46.9226
May	47.7529	46.3604	47.0415
June	48.3892	47.0400	47.5552
July	48.2971	46.9030	47.6026
August	51.2065	47.6901	49.0431
September	56.8551	51.0559	53.0228
October	56.3989	52.7138	54.6848
November	59.6620	55.3691	57.6298
December	59.4372	57.8348	58.7730