2023 FKP to KHR Historical Review

YEARLY HIGH

5416.3989 KHR

YEARLY LOW

4789.7624 KHR

YEARLY AVERAGE

5109.8550 KHR

2023 FKP to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 5416.3989. Conversely, the yearly low was recorded on March 7, dropping to 4789.7624.

This high-to-low spread represents a total annual volatility of 626.6365 KHR. From a start-to-finish perspective, comparing the January average rate of 5037.7911 to the December average rate of 5207.0664, the exchange rate registered a net change of 3.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5416.3989 was down 3.09% compared to the 2022 peak of 5588.8485, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,081,994 KHR

2022 Average 25,276,963 KHR

Yearly Trough Low 23,948,812 KHR

Transaction Impact: A difference of 3,133,182.58 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5349.9065

4875.3747

JanuMarcMayJulySeptNove

FKP 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 5047.6890, compared to 5172.0211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 124.3320 points.

H1 Avg (Jan–Jun) 5047.6890

H2 Avg (Jul–Dec) 5172.0211

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 269.8095 KHR (High: 5271.0741 / Low: 5001.2646). On the other end, August was the most stable month, with a tight range of 66.4271 KHR (High: 5286.4372 / Low: 5220.0101).

September Spread (Volatile) ±269.8095

August Spread (Stable) ±66.4271

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 August and September, when the average rate fell by 141.0617 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -141.0617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 5310.3621) against the same month in 2022 (average: 4901.4052), the exchange rate shifted by +408.9569 (+8.34%).

2023 Avg (July) 5310.3621

2022 Avg (July) 4901.4052

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5107.0556	4902.9298	5037.7911
February	5092.6895	4830.7090	4928.9820
March	5022.3381	4789.7624	4914.9190
April	5184.2970	4973.1299	5058.9000
May	5217.3781	5061.1684	5134.7753
June	5286.5365	5130.8456	5210.7666
July	5416.3989	5210.0450	5310.3621
August	5286.4372	5220.0101	5257.7654
September	5271.0741	5001.2646	5116.7037
October	5088.8360	4987.1118	5025.8648
November	5231.8719	5026.1445	5114.3640
December	5251.1425	5164.3226	5207.0664