YEARLY HIGH
3146.4308 KHR
YEARLY LOW
2986.6780 KHR
YEARLY AVERAGE
3060.5469 KHR

2023 BND to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 3146.4308. Conversely, the yearly low was recorded on March 10, dropping to 2986.6780.

This high-to-low spread represents a total annual volatility of 159.7528 KHR. From a start-to-finish perspective, comparing the January average rate of 3100.8771 to the December average rate of 3085.6954, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3146.4308 was up 2.79% compared to the 2022 peak of 3061.0281, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,732,154 KHR
2022 Average 14,830,927 KHR
Yearly Trough Low 14,933,390 KHR
Transaction Impact: A difference of 798,763.78 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3109.2504
3008.7707
JanuMarcMayJulySeptNove

BND 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 3064.0605, compared to 3057.0333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.0272 points.

H1 Avg (Jan–Jun) 3064.0605
H2 Avg (Jul–Dec) 3057.0333

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 150.0030 KHR (High: 3146.4308 / Low: 2996.4278). On the other end, October was the most stable month, with a tight range of 30.7403 KHR (High: 3032.9696 / Low: 3002.2293).

February Spread (Volatile) ±150.0030
October Spread (Stable) ±30.7403

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 February and March, when the average rate fell by 45.6897 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -45.6897

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 3067.8132) against the same month in 2022 (average: 3020.8047), the exchange rate shifted by +47.0085 (+1.56%).

2023 Avg (February) 3067.8132
2022 Avg (February) 3020.8047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3131.3924 3053.7248 3100.8771
February 3146.4308 2996.4278 3067.8132
March 3062.5998 2986.6780 3022.1235
April 3087.4771 3029.3589 3055.7460
May 3116.7654 3038.3998 3073.8518
June 3082.1464 3042.7502 3063.9514
July 3127.5086 3031.5529 3089.9512
August 3101.5981 3043.7468 3065.2597
September 3082.8413 3003.3443 3031.9102
October 3032.9696 3002.2293 3017.1440
November 3094.4665 3009.0827 3052.2395
December 3105.4625 3060.5653 3085.6954