2023 GNF to KHR Historical Review

YEARLY HIGH

0.4859 KHR

YEARLY LOW

0.4610 KHR

YEARLY AVERAGE

0.4767 KHR

2023 GNF to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.4859. Conversely, the yearly low was recorded on March 4, dropping to 0.4610.

This high-to-low spread represents a total annual volatility of 0.0249 KHR. From a start-to-finish perspective, comparing the January average rate of 0.4748 to the December average rate of 0.4779, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4859 was up 0.20% compared to the 2022 peak of 0.4849, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,429 KHR

2022 Average 2,322 KHR

Yearly Trough Low 2,305 KHR

Transaction Impact: A difference of 124.34 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4819

0.4676

JanuMarcMayJulySeptNove

GNF 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 0.4740, compared to 0.4794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.4740

H2 Avg (Jul–Dec) 0.4794

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0145 KHR (High: 0.4783 / Low: 0.4637). On the other end, December was the most stable month, with a tight range of 0.0047 KHR (High: 0.4798 / Low: 0.4751).

February Spread (Volatile) ±0.0145

December Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 0.0038 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.4800) against the same month in 2022 (average: 0.4738), the exchange rate shifted by +0.0063 (+1.32%).

2023 Avg (September) 0.4800

2022 Avg (September) 0.4738

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4780	0.4670	0.4748
February	0.4783	0.4637	0.4726
March	0.4722	0.4610	0.4688
April	0.4795	0.4658	0.4726
May	0.4800	0.4739	0.4772
June	0.4802	0.4740	0.4780
July	0.4811	0.4737	0.4791
August	0.4842	0.4750	0.4807
September	0.4859	0.4760	0.4800
October	0.4831	0.4780	0.4802
November	0.4819	0.4732	0.4786
December	0.4798	0.4751	0.4779