YEARLY HIGH
1.0675 KHR
YEARLY LOW
0.8165 KHR
YEARLY AVERAGE
0.9552 KHR

2023 COP to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.0675. Conversely, the yearly low was recorded on February 22, dropping to 0.8165.

This high-to-low spread represents a total annual volatility of 0.2510 KHR. From a start-to-finish perspective, comparing the January average rate of 0.8736 to the December average rate of 1.0391, the exchange rate registered a net change of 18.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0675 was down 1.84% compared to the 2022 peak of 1.0875, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,337,426 KHR
2022 Average 4,837,446 KHR
Yearly Trough Low 4,082,383 KHR
Transaction Impact: A difference of 1,255,042.93 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0579
0.8323
JanuMarcMayJulySeptNove

COP 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 0.8937, compared to 1.0168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1231 points.

H1 Avg (Jan–Jun) 0.8937
H2 Avg (Jul–Dec) 1.0168

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0891 KHR (High: 0.9171 / Low: 0.8280). On the other end, November was the most stable month, with a tight range of 0.0357 KHR (High: 1.0410 / Low: 1.0054).

January Spread (Volatile) ±0.0891
November Spread (Stable) ±0.0357

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0517 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0517

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.0391) against the same month in 2022 (average: 0.8597), the exchange rate shifted by +0.1794 (+20.87%).

2023 Avg (December) 1.0391
2022 Avg (December) 0.8597

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9171 0.8280 0.8736
February 0.8960 0.8165 0.8523
March 0.8799 0.8315 0.8511
April 0.9249 0.8659 0.8967
May 0.9378 0.8794 0.9066
June 1.0126 0.9303 0.9818
July 1.0503 0.9765 1.0148
August 1.0552 0.9908 1.0167
September 1.0565 1.0062 1.0304
October 1.0124 0.9466 0.9787
November 1.0410 1.0054 1.0212
December 1.0675 1.0210 1.0391