YEARLY HIGH
1911.1621 KHR
YEARLY LOW
1786.5518 KHR
YEARLY AVERAGE
1843.0199 KHR

2023 FJD to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 1911.1621. Conversely, the yearly low was recorded on November 13, dropping to 1786.5518.

This high-to-low spread represents a total annual volatility of 124.6103 KHR. From a start-to-finish perspective, comparing the January average rate of 1889.1576 to the December average rate of 1855.7669, the exchange rate registered a net change of -1.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1911.1621 was down 1.93% compared to the 2022 peak of 1948.8432, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,555,810 KHR
2022 Average 9,345,077 KHR
Yearly Trough Low 8,932,759 KHR
Transaction Impact: A difference of 623,051.30 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1897.0615
1802.2150
JanuMarcMayJulySeptNove

FJD 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 1852.6484, compared to 1833.3913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.2570 points.

H1 Avg (Jan–Jun) 1852.6484
H2 Avg (Jul–Dec) 1833.3913

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 86.0685 KHR (High: 1908.0923 / Low: 1822.0238). On the other end, October was the most stable month, with a tight range of 33.4033 KHR (High: 1830.1420 / Low: 1796.7387).

February Spread (Volatile) ±86.0685
October Spread (Stable) ±33.4033

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 36.8449 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -36.8449

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1889.1576) against the same month in 2022 (average: 1910.9148), the exchange rate shifted by -21.7572 (-1.14%).

2023 Avg (January) 1889.1576
2022 Avg (January) 1910.9148

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1911.1621 1853.7191 1889.1576
February 1908.0923 1822.0238 1862.2997
March 1838.2768 1799.7676 1825.4548
April 1856.2268 1813.7574 1836.5886
May 1880.9179 1825.6589 1849.7996
June 1875.2584 1824.6505 1852.5900
July 1892.8067 1825.1488 1859.1612
August 1864.7563 1800.6053 1834.9905
September 1847.3536 1792.6347 1818.7920
October 1830.1420 1796.7387 1810.1188
November 1849.3894 1786.5518 1821.5186
December 1874.5144 1836.6078 1855.7669