2023 GHS to KHR Historical Review

YEARLY HIGH

493.3134 KHR

YEARLY LOW

313.8838 KHR

YEARLY AVERAGE

352.2451 KHR

2023 GHS to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 493.3134. Conversely, the yearly low was recorded on February 27, dropping to 313.8838.

This high-to-low spread represents a total annual volatility of 179.4296 KHR. From a start-to-finish perspective, comparing the January average rate of 362.8878 to the December average rate of 341.9718, the exchange rate registered a net change of -5.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 493.3134 was down 25.53% compared to the 2022 peak of 662.4217, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,466,567 KHR

2022 Average 2,414,334 KHR

Yearly Trough Low 1,569,419 KHR

Transaction Impact: A difference of 897,147.88 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

371.0460

323.4330

JanuMarcMayJulySeptNove

GHS 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 350.1958, compared to 354.2944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0986 points.

H1 Avg (Jan–Jun) 350.1958

H2 Avg (Jul–Dec) 354.2944

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 164.5134 KHR (High: 493.3134 / Low: 328.8000). On the other end, December was the most stable month, with a tight range of 2.2275 KHR (High: 343.2500 / Low: 341.0225).

January Spread (Volatile) ±164.5134

December Spread (Stable) ±2.2275

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 35.4871 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -35.4871

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 362.8878) against the same month in 2022 (average: 654.8634), the exchange rate shifted by -291.9756 (-44.59%).

2023 Avg (January) 362.8878

2022 Avg (January) 654.8634

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	493.3134	328.8000	362.8878
February	337.0535	313.8838	327.4007
March	347.8112	317.3074	328.4687
April	377.1809	337.5946	355.7233
May	386.4588	347.9130	362.5796
June	369.9663	357.5184	364.1146
July	364.3778	355.0932	361.4437
August	370.4172	363.6175	367.0783
September	366.0692	355.4990	359.5365
October	356.3103	347.6025	351.1434
November	346.8959	342.8481	344.5927
December	343.2500	341.0225	341.9718