2023 AZN to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AZN to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AZN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 2456.3826. Conversely, the yearly low was recorded on March 19, dropping to 2352.2830.
This high-to-low spread represents a total annual volatility of 104.0996 KHR. From a start-to-finish perspective, comparing the January average rate of 2420.2379 to the December average rate of 2418.2479, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 2456.3826 was up 0.61% compared to the 2022 peak of 2441.5858, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AZN 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 2406.9224, compared to 2426.2700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.3475 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 62.2380 KHR (High: 2440.1133 / Low: 2377.8752). On the other end, January was the most stable month, with a tight range of 11.1680 KHR (High: 2424.1814 / Low: 2413.0135).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 22.0637 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 2429.6446) against the same month in 2022 (average: 2421.2199), the exchange rate shifted by +8.4247 (+0.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2424.1814 | 2413.0135 | 2420.2379 |
| February | 2440.1133 | 2377.8752 | 2403.2369 |
| March | 2390.3960 | 2352.2830 | 2381.1732 |
| April | 2426.4706 | 2370.0385 | 2390.9704 |
| May | 2428.2353 | 2411.4260 | 2420.7667 |
| June | 2431.5705 | 2412.0017 | 2425.1495 |
| July | 2432.7795 | 2410.2700 | 2425.1908 |
| August | 2446.4077 | 2418.3079 | 2435.0871 |
| September | 2456.3826 | 2411.7018 | 2429.6446 |
| October | 2436.4706 | 2416.7353 | 2429.1578 |
| November | 2430.9243 | 2407.7477 | 2420.2917 |
| December | 2429.0340 | 2403.2552 | 2418.2479 |