2023 BND to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 February and March, when the average rate fell by 45.6897 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |