2023 ETB to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ETB to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ETB to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 77.2749. Conversely, the yearly low was recorded on December 30, dropping to 72.5392.
This high-to-low spread represents a total annual volatility of 4.7356 KHR. From a start-to-finish perspective, comparing the January average rate of 76.7100 to the December average rate of 73.2050, the exchange rate registered a net change of -4.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 77.2749 was down 6.68% compared to the 2022 peak of 82.8077, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ETB 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 75.7274, compared to 74.4080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3195 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 2.0751 KHR (High: 77.2749 / Low: 75.1997). On the other end, March was the most stable month, with a tight range of 0.3632 KHR (High: 75.5394 / Low: 75.1763).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.7426 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 76.0680) against the same month in 2022 (average: 80.5408), the exchange rate shifted by -4.4727 (-5.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 76.9077 | 76.4710 | 76.7100 |
| February | 77.2749 | 75.1997 | 76.0680 |
| March | 75.5394 | 75.1763 | 75.3254 |
| April | 76.1914 | 74.3995 | 75.0297 |
| May | 76.1483 | 75.3033 | 75.6878 |
| June | 75.9229 | 75.1803 | 75.5436 |
| July | 75.6777 | 74.9346 | 75.2046 |
| August | 75.6175 | 74.8097 | 75.1556 |
| September | 75.5022 | 74.3584 | 74.7995 |
| October | 74.7445 | 73.9617 | 74.2597 |
| November | 74.2189 | 73.2483 | 73.8234 |
| December | 73.9497 | 72.5392 | 73.2050 |