YEARLY HIGH
603.9210 KHR
YEARLY LOW
582.9626 KHR
YEARLY AVERAGE
594.7616 KHR

2023 BOB to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 603.9210. Conversely, the yearly low was recorded on April 8, dropping to 582.9626.

This high-to-low spread represents a total annual volatility of 20.9584 KHR. From a start-to-finish perspective, comparing the January average rate of 595.4289 to the December average rate of 594.2690, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 603.9210 was down 0.11% compared to the 2022 peak of 604.5738, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,019,605 KHR
2022 Average 2,965,925 KHR
Yearly Trough Low 2,914,813 KHR
Transaction Impact: A difference of 104,792.02 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

600.3291
585.5142
JanuMarcMayJulySeptNove

BOB 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 592.3818, compared to 597.1415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7597 points.

H1 Avg (Jan–Jun) 592.3818
H2 Avg (Jul–Dec) 597.1415

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 15.3202 KHR (High: 600.3265 / Low: 585.0063). On the other end, January was the most stable month, with a tight range of 2.4763 KHR (High: 596.2486 / Low: 593.7723).

February Spread (Volatile) ±15.3202
January Spread (Stable) ±2.4763

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 4.4245 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -4.4245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 597.8831) against the same month in 2022 (average: 595.9761), the exchange rate shifted by +1.9071 (+0.32%).

2023 Avg (September) 597.8831
2022 Avg (September) 595.9761

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 596.2486 593.7723 595.4289
February 600.3265 585.0063 591.1733
March 587.9369 584.9835 586.7488
April 597.0000 582.9626 588.3396
May 597.6040 594.3201 595.8028
June 598.5582 593.3790 596.7972
July 599.3581 592.8986 597.2767
August 601.7540 596.8055 599.0945
September 603.9210 594.3346 597.8831
October 600.7717 596.4284 598.0576
November 599.0978 592.7532 596.2680
December 596.1421 591.1938 594.2690