2023 CNY to KHR Historical Review

YEARLY HIGH

614.5010 KHR

YEARLY LOW

560.7084 KHR

YEARLY AVERAGE

581.1829 KHR

2023 CNY to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 614.5010. Conversely, the yearly low was recorded on November 3, dropping to 560.7084.

This high-to-low spread represents a total annual volatility of 53.7926 KHR. From a start-to-finish perspective, comparing the January average rate of 605.8451 to the December average rate of 577.5283, the exchange rate registered a net change of -4.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 614.5010 was down 4.95% compared to the 2022 peak of 646.5227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 15,362,524 KHR

2022 Average 15,213,665 KHR

Yearly Trough Low 14,017,709 KHR

Transaction Impact: A difference of 1,344,815.31 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

609.7925

562.4235

JanuMarcMayJulySeptNove

CNY 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 590.9668, compared to 571.3991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.5677 points.

H1 Avg (Jan–Jun) 590.9668

H2 Avg (Jul–Dec) 571.3991

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 30.9680 KHR (High: 612.2733 / Low: 581.3052). On the other end, April was the most stable month, with a tight range of 10.3583 KHR (High: 596.7709 / Low: 586.4127).

February Spread (Volatile) ±30.9680

April Spread (Stable) ±10.3583

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 12.5797 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -12.5797

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 605.8451) against the same month in 2022 (average: 640.4698), the exchange rate shifted by -34.6247 (-5.41%).

2023 Avg (January) 605.8451

2022 Avg (January) 640.4698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	614.5010	595.6997	605.8451
February	612.2733	581.3052	597.0484
March	595.0759	580.6251	587.4189
April	596.7709	586.4127	590.2128
May	597.5357	578.8616	588.9276
June	583.4479	569.3521	576.3479
July	580.9251	565.8915	573.7524
August	577.4868	566.7897	571.8156
September	574.1658	561.8601	566.3709
October	576.2016	563.2213	567.6862
November	581.7741	560.7084	571.2412
December	583.2014	572.5037	577.5283