2023 EGP to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 EGP to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the EGP to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 166.7222. Conversely, the yearly low was recorded on March 19, dropping to 129.9907.
This high-to-low spread represents a total annual volatility of 36.7315 KHR. From a start-to-finish perspective, comparing the January average rate of 144.3792 to the December average rate of 133.0442, the exchange rate registered a net change of -7.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 166.7222 was down 35.94% compared to the 2022 peak of 260.2415, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
EGP 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 134.7590, compared to 133.5237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2353 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 30.6490 KHR (High: 166.7222 / Low: 136.0732). On the other end, October was the most stable month, with a tight range of 1.0646 KHR (High: 134.1478 / Low: 133.0831).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 10.3051 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 144.3792) against the same month in 2022 (average: 258.9456), the exchange rate shifted by -114.5664 (-44.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 166.7222 | 136.0732 | 144.3792 |
| February | 137.0624 | 131.9844 | 134.0740 |
| March | 132.4895 | 129.9907 | 131.4190 |
| April | 134.4822 | 130.6879 | 131.7868 |
| May | 136.3655 | 132.4976 | 133.4425 |
| June | 134.0453 | 132.6991 | 133.4525 |
| July | 134.1930 | 132.6039 | 133.5328 |
| August | 134.5724 | 133.3592 | 133.9522 |
| September | 135.1111 | 132.6826 | 133.6776 |
| October | 134.1478 | 133.0831 | 133.6949 |
| November | 134.0388 | 132.4651 | 133.2409 |
| December | 133.6126 | 132.1681 | 133.0442 |