2023 CVE to KHR Historical Review

YEARLY HIGH

42.1500 KHR

YEARLY LOW

38.6950 KHR

YEARLY AVERAGE

40.2510 KHR

2023 CVE to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 42.1500. Conversely, the yearly low was recorded on March 8, dropping to 38.6950.

This high-to-low spread represents a total annual volatility of 3.4551 KHR. From a start-to-finish perspective, comparing the January average rate of 40.1504 to the December average rate of 40.6384, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 42.1500 was down 0.19% compared to the 2022 peak of 42.2323, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 210,750 KHR

2022 Average 194,859 KHR

Yearly Trough Low 193,475 KHR

Transaction Impact: A difference of 17,275.31 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

41.5105

39.0836

JanuMarcMayJulySeptNove

CVE 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 40.0574, compared to 40.4447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3873 points.

H1 Avg (Jan–Jun) 40.0574

H2 Avg (Jul–Dec) 40.4447

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.0255 KHR (High: 40.7390 / Low: 38.7135). On the other end, August was the most stable month, with a tight range of 0.7390 KHR (High: 41.3659 / Low: 40.6268).

February Spread (Volatile) ±2.0255

August Spread (Stable) ±0.7390

Growth Streaks & Declines

Trends

Between 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 0.9454 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 41.3082) against the same month in 2022 (average: 37.9505), the exchange rate shifted by +3.3577 (+8.85%).

2023 Avg (July) 41.3082

2022 Avg (July) 37.9505

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.5454	39.2637	40.1504
February	40.7390	38.7135	39.6436
March	40.0782	38.6950	39.2859
April	41.0956	39.7050	40.3663
May	41.1706	39.8064	40.4854
June	40.8786	39.3242	40.4126
July	42.1500	40.2996	41.3082
August	41.3659	40.6268	40.9429
September	40.9105	39.3383	39.9974
October	39.8845	39.0909	39.5255
November	40.9866	39.0012	40.2556
December	41.1491	39.7750	40.6384