2023 BGN to KHR Historical Review

YEARLY HIGH

2371.2446 KHR

YEARLY LOW

2182.8588 KHR

YEARLY AVERAGE

2272.6326 KHR

2023 BGN to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 2371.2446. Conversely, the yearly low was recorded on February 24, dropping to 2182.8588.

This high-to-low spread represents a total annual volatility of 188.3858 KHR. From a start-to-finish perspective, comparing the January average rate of 2268.5758 to the December average rate of 2295.2769, the exchange rate registered a net change of 1.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2371.2446 was down 0.66% compared to the 2022 peak of 2386.9905, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,856,223 KHR

2022 Average 11,011,005 KHR

Yearly Trough Low 10,914,294 KHR

Transaction Impact: A difference of 941,929.22 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2342.6919

2206.0319

JanuMarcMayJulySeptNove

BGN 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 2262.3764, compared to 2282.8887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.5123 points.

H1 Avg (Jan–Jun) 2262.3764

H2 Avg (Jul–Dec) 2282.8887

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 111.3217 KHR (High: 2294.1805 / Low: 2182.8588). On the other end, August was the most stable month, with a tight range of 38.8747 KHR (High: 2329.7377 / Low: 2290.8629).

February Spread (Volatile) ±111.3217

August Spread (Stable) ±38.8747

Growth Streaks & Declines

Trends

Between 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 54.1033 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -54.1033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2331.3035) against the same month in 2022 (average: 2126.3221), the exchange rate shifted by +204.9814 (+9.64%).

2023 Avg (July) 2331.3035

2022 Avg (July) 2126.3221

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2293.6034	2215.0843	2268.5758
February	2294.1805	2182.8588	2234.9096
March	2258.6579	2183.6755	2217.4202
April	2323.1911	2250.7136	2280.7354
May	2333.0889	2250.2161	2286.6455
June	2317.0445	2256.3184	2285.9721
July	2371.2446	2289.6886	2331.3035
August	2329.7377	2290.8629	2308.8820
September	2306.0931	2213.4917	2254.7787
October	2254.8216	2209.5206	2230.7576
November	2313.5562	2235.1090	2276.3336
December	2326.5535	2265.1880	2295.2769