2023 ARS to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ARS to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ARS to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 23.3002. Conversely, the yearly low was recorded on December 31, dropping to 5.0480.
This high-to-low spread represents a total annual volatility of 18.2523 KHR. From a start-to-finish perspective, comparing the January average rate of 22.6076 to the December average rate of 7.5273, the exchange rate registered a net change of -66.70% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 23.3002 was down 41.25% compared to the 2022 peak of 39.6611, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ARS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ARS to KHR 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 19.5451, compared to 11.8887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.6564 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 6.3650 KHR (High: 11.4130 / Low: 5.0480). On the other end, October was the most stable month, with a tight range of 0.0932 KHR (High: 11.8343 / Low: 11.7411).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 4.1246 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 22.6076) against the same month in 2022 (average: 39.1812), the exchange rate shifted by -16.5737 (-42.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.3002 | 21.9622 | 22.6076 |
| February | 22.0979 | 20.5278 | 21.3101 |
| March | 20.5412 | 19.4406 | 19.9960 |
| April | 19.4444 | 18.3943 | 18.8930 |
| May | 18.5661 | 17.1914 | 17.8422 |
| June | 17.1518 | 16.1091 | 16.6217 |
| July | 16.1091 | 14.9940 | 15.5258 |
| August | 14.9592 | 11.8048 | 13.0244 |
| September | 11.9315 | 11.7131 | 11.8048 |
| October | 11.8343 | 11.7411 | 11.7984 |
| November | 11.8084 | 11.4168 | 11.6518 |
| December | 11.4130 | 5.0480 | 7.5273 |