YEARLY HIGH
11075.8504 KHR
YEARLY LOW
10677.7776 KHR
YEARLY AVERAGE
10902.5796 KHR

2023 BHD to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 11075.8504. Conversely, the yearly low was recorded on March 11, dropping to 10677.7776.

This high-to-low spread represents a total annual volatility of 398.0729 KHR. From a start-to-finish perspective, comparing the January average rate of 10915.7659 to the December average rate of 10902.8228, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11075.8504 was up 0.53% compared to the 2022 peak of 11017.1271, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,379,252 KHR
2022 Average 54,225,292 KHR
Yearly Trough Low 53,388,888 KHR
Transaction Impact: A difference of 1,990,364.26 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11001.9412
10727.1617
JanuMarcMayJulySeptNove

BHD 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 10861.4001, compared to 10943.7591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 82.3591 points.

H1 Avg (Jan–Jun) 10861.4001
H2 Avg (Jul–Dec) 10943.7591

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 318.2314 KHR (High: 11039.2385 / Low: 10721.0072). On the other end, June was the most stable month, with a tight range of 63.3925 KHR (High: 10983.3451 / Low: 10919.9526).

February Spread (Volatile) ±318.2314
June Spread (Stable) ±63.3925

Growth Streaks & Declines

Trends

Between 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 96.8320 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -96.8320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 10958.8815) against the same month in 2022 (average: 10920.2503), the exchange rate shifted by +38.6312 (+0.35%).

2023 Avg (September) 10958.8815
2022 Avg (September) 10920.2503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10946.8391 10883.3850 10915.7659
February 11039.2385 10721.0072 10846.8920
March 10797.6954 10677.7776 10750.0600
April 10942.2541 10688.5656 10790.4003
May 10965.5134 10888.4219 10920.6605
June 10983.3451 10919.9526 10944.6217
July 10971.5777 10877.8248 10946.8028
August 11031.0198 10904.0848 10979.0429
September 11075.8504 10877.0386 10958.8815
October 10988.3113 10875.5903 10954.3648
November 10957.7745 10852.9847 10920.6399
December 10930.4405 10838.8285 10902.8228