YEARLY HIGH
325.0179 KHR
YEARLY LOW
296.7813 KHR
YEARLY AVERAGE
307.7761 KHR

2023 BWP to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 325.0179. Conversely, the yearly low was recorded on October 5, dropping to 296.7813.

This high-to-low spread represents a total annual volatility of 28.2366 KHR. From a start-to-finish perspective, comparing the January average rate of 322.1038 to the December average rate of 304.3978, the exchange rate registered a net change of -5.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 325.0179 was down 8.41% compared to the 2022 peak of 354.8502, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,625,089 KHR
2022 Average 1,656,422 KHR
Yearly Trough Low 1,483,906 KHR
Transaction Impact: A difference of 141,182.95 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

324.2487
298.5098
JanuMarcMayJulySeptNove

BWP 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 310.4649, compared to 305.0873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.3776 points.

H1 Avg (Jan–Jun) 310.4649
H2 Avg (Jul–Dec) 305.0873

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 20.2851 KHR (High: 323.8760 / Low: 303.5908). On the other end, April was the most stable month, with a tight range of 5.4475 KHR (High: 312.0764 / Low: 306.6289).

February Spread (Volatile) ±20.2851
April Spread (Stable) ±5.4475

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 9.7832 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.7832

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 322.1038) against the same month in 2022 (average: 350.6603), the exchange rate shifted by -28.5565 (-8.14%).

2023 Avg (January) 322.1038
2022 Avg (January) 350.6603

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 325.0179 319.1199 322.1038
February 323.8760 303.5908 312.3205
March 311.4587 301.8871 306.3027
April 312.0764 306.6289 309.7035
May 313.7490 298.5198 305.5890
June 311.3475 298.7617 306.7698
July 317.6676 304.3292 311.5056
August 312.6235 303.2197 306.7967
September 307.9597 298.8783 302.6715
October 303.4318 296.7813 300.6547
November 307.7093 301.9893 304.4976
December 308.2397 300.1724 304.3978