YEARLY HIGH
2070.2853 KHR
YEARLY LOW
1998.5543 KHR
YEARLY AVERAGE
2039.2848 KHR

2023 BZD to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 2070.2853. Conversely, the yearly low was recorded on April 8, dropping to 1998.5543.

This high-to-low spread represents a total annual volatility of 71.7310 KHR. From a start-to-finish perspective, comparing the January average rate of 2041.1839 to the December average rate of 2037.3877, 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 2070.2853 was down 0.11% compared to the 2022 peak of 2072.5495, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,351,427 KHR
2022 Average 10,142,966 KHR
Yearly Trough Low 9,992,771 KHR
Transaction Impact: A difference of 358,655.06 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2057.7143
2009.6537
JanuMarcMayJulySeptNove

BZD 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 2031.4174, compared to 2047.1523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.7349 points.

H1 Avg (Jan–Jun) 2031.4174
H2 Avg (Jul–Dec) 2047.1523

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 52.5715 KHR (High: 2058.0436 / Low: 2005.4721). On the other end, January was the most stable month, with a tight range of 8.5381 KHR (High: 2044.0000 / Low: 2035.4619).

February Spread (Volatile) ±52.5715
January Spread (Stable) ±8.5381

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 January and February, when the average rate fell by 14.5795 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -14.5795

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 2049.5696) against the same month in 2022 (average: 2043.3863), the exchange rate shifted by +6.1833 (+0.30%).

2023 Avg (September) 2049.5696
2022 Avg (September) 2043.3863

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2044.0000 2035.4619 2041.1839
February 2058.0436 2005.4721 2026.6045
March 2026.5172 2007.4577 2013.6587
April 2047.9992 1998.5543 2018.5545
May 2048.1085 2037.5611 2042.6233
June 2051.9565 2034.1227 2045.8795
July 2054.6212 2032.5867 2047.9991
August 2062.7909 2045.8544 2053.7093
September 2070.2853 2037.4864 2049.5696
October 2059.4178 2044.6189 2050.1718
November 2053.7797 2031.9474 2044.0761
December 2043.6417 2026.6928 2037.3877