2023 BAM to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BAM to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BAM to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 2376.2371. Conversely, the yearly low was recorded on March 8, dropping to 2181.8044.
This high-to-low spread represents a total annual volatility of 194.4327 KHR. From a start-to-finish perspective, comparing the January average rate of 2263.8593 to the December average rate of 2294.4144, the exchange rate registered a net change of 1.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 2376.2371 was down 0.47% compared to the 2022 peak of 2387.5456, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BAM 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 2262.0077, compared to 2283.3904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.3827 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 129.4899 KHR (High: 2312.5277 / Low: 2183.0378). On the other end, August was the most stable month, with a tight range of 38.4752 KHR (High: 2332.1452 / Low: 2293.6700).
Growth Streaks & Declines
TrendsBetween March and May, 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 August and September, when the average rate fell by 51.3022 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 2331.4345) against the same month in 2022 (average: 2128.3820), the exchange rate shifted by +203.0524 (+9.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2289.7040 | 2208.6996 | 2263.8593 |
| February | 2312.5277 | 2183.0378 | 2238.0427 |
| March | 2259.4246 | 2181.8044 | 2216.1135 |
| April | 2321.8997 | 2249.4822 | 2280.7920 |
| May | 2334.5890 | 2252.7364 | 2288.6451 |
| June | 2321.6999 | 2256.3699 | 2284.5936 |
| July | 2376.2371 | 2281.7803 | 2331.4345 |
| August | 2332.1452 | 2293.6700 | 2309.9642 |
| September | 2306.4700 | 2220.4840 | 2258.6620 |
| October | 2253.7852 | 2210.8739 | 2231.5097 |
| November | 2315.2648 | 2228.8273 | 2274.3579 |
| December | 2324.4342 | 2264.2180 | 2294.4144 |