2023 DKK to KHR Historical Review

YEARLY HIGH

623.0279 KHR

YEARLY LOW

572.8396 KHR

YEARLY AVERAGE

596.3972 KHR

2023 DKK to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 623.0279. Conversely, the yearly low was recorded on February 25, dropping to 572.8396.

This high-to-low spread represents a total annual volatility of 50.1883 KHR. From a start-to-finish perspective, comparing the January average rate of 596.5155 to the December average rate of 602.1049, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 623.0279 was down 0.70% compared to the 2022 peak of 627.4135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,115,140 KHR

2022 Average 2,894,671 KHR

Yearly Trough Low 2,864,198 KHR

Transaction Impact: A difference of 250,941.66 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

614.8452

579.2115

JanuMarcMayJulySeptNove

DKK 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 593.9579, compared to 598.8365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8787 points.

H1 Avg (Jan–Jun) 593.9579

H2 Avg (Jul–Dec) 598.8365

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 35.7600 KHR (High: 608.5995 / Low: 572.8396). On the other end, August was the most stable month, with a tight range of 10.4658 KHR (High: 611.1981 / Low: 600.7324).

February Spread (Volatile) ±35.7600

August Spread (Stable) ±10.4658

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 14.5770 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -14.5770

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 611.8757) against the same month in 2022 (average: 559.1046), the exchange rate shifted by +52.7711 (+9.44%).

2023 Avg (July) 611.8757

2022 Avg (July) 559.1046

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	603.7558	582.4272	596.5155
February	608.5995	572.8396	587.0269
March	593.5827	572.8810	582.1810
April	609.7110	587.0252	597.8628
May	612.3287	590.9235	600.0924
June	608.7099	592.4600	600.0685
July	623.0279	601.1580	611.8757
August	611.1981	600.7324	605.9071
September	604.5969	580.6994	591.3302
October	591.0336	579.6326	584.7854
November	607.4771	586.0969	597.0158
December	610.6891	594.3713	602.1049