YEARLY HIGH
2.0030 KHR
YEARLY LOW
1.4341 KHR
YEARLY AVERAGE
1.6501 KHR

2023 BIF to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.0030. Conversely, the yearly low was recorded on December 29, dropping to 1.4341.

This high-to-low spread represents a total annual volatility of 0.5689 KHR. From a start-to-finish perspective, comparing the January average rate of 1.9887 to the December average rate of 1.4421, the exchange rate registered a net change of -27.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0030 was down 2.48% compared to the 2022 peak of 2.0538, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,015 KHR
2022 Average 10,011 KHR
Yearly Trough Low 7,171 KHR
Transaction Impact: A difference of 2,844.25 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0434
1.3874
JanuMarcMayJulySeptNove

BIF 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 1.8467, compared to 1.4534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3933 points.

H1 Avg (Jan–Jun) 1.8467
H2 Avg (Jul–Dec) 1.4534

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.5230 KHR (High: 1.9800 / Low: 1.4570). On the other end, November was the most stable month, with a tight range of 0.0120 KHR (High: 1.4571 / Low: 1.4451).

May Spread (Volatile) ±0.5230
November Spread (Stable) ±0.0120

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.3015 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.3015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.9706) against the same month in 2022 (average: 2.0260), the exchange rate shifted by -0.0554 (-2.73%).

2023 Avg (February) 1.9706
2022 Avg (February) 2.0260

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9981 1.9796 1.9887
February 2.0030 1.9474 1.9706
March 1.9612 1.9434 1.9501
April 1.9784 1.9366 1.9548
May 1.9800 1.4570 1.7588
June 1.4632 1.4438 1.4573
July 1.4628 1.4410 1.4572
August 1.4691 1.4509 1.4607
September 1.4694 1.4477 1.4565
October 1.4621 1.4454 1.4549
November 1.4571 1.4451 1.4493
December 1.4478 1.4341 1.4421