2023 CHF to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CHF to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CHF to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 4871.3420. Conversely, the yearly low was recorded on February 28, dropping to 4295.8083.
This high-to-low spread represents a total annual volatility of 575.5337 KHR. From a start-to-finish perspective, comparing the January average rate of 4452.8530 to the December average rate of 4759.7892, the exchange rate registered a net change of 6.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 4871.3420 was up 8.90% compared to the 2022 peak of 4473.2835, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CHF 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 4487.2056, compared to 4662.0135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 174.8079 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was September, with a trading range of 243.8576 KHR (High: 4719.3122 / Low: 4475.4545). On the other end, August was the most stable month, with a tight range of 63.3123 KHR (High: 4740.4949 / Low: 4677.1825).
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 August and September, when the average rate fell by 116.5435 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 4759.7892) against the same month in 2022 (average: 4416.3935), the exchange rate shifted by +343.3957 (+7.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4495.8097 | 4397.7760 | 4452.8530 |
| February | 4531.4899 | 4295.8083 | 4409.2481 |
| March | 4439.0506 | 4297.7189 | 4376.0979 |
| April | 4609.8605 | 4410.5500 | 4522.3108 |
| May | 4666.4102 | 4523.6651 | 4581.9746 |
| June | 4621.4180 | 4532.0062 | 4580.7493 |
| July | 4814.3165 | 4584.2110 | 4716.8779 |
| August | 4740.4949 | 4677.1825 | 4711.4254 |
| September | 4719.3122 | 4475.4545 | 4594.8819 |
| October | 4639.5647 | 4483.2655 | 4570.6070 |
| November | 4717.9802 | 4545.4526 | 4618.5000 |
| December | 4871.3420 | 4679.7085 | 4759.7892 |