2023 HRK to KHR Historical Review

YEARLY HIGH

616.0147 KHR

YEARLY LOW

565.9668 KHR

YEARLY AVERAGE

589.7928 KHR

2023 HRK to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 616.0147. Conversely, the yearly low was recorded on February 25, dropping to 565.9668.

This high-to-low spread represents a total annual volatility of 50.0480 KHR. From a start-to-finish perspective, comparing the January average rate of 589.1553 to the December average rate of 595.7794, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 616.0147 was down 0.78% compared to the 2022 peak of 620.8361, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,080,074 KHR

2022 Average 2,858,367 KHR

Yearly Trough Low 2,829,834 KHR

Transaction Impact: A difference of 250,239.89 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

608.0201

572.3312

JanuMarcMayJulySeptNove

HRK 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 587.0460, compared to 592.5395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.4935 points.

H1 Avg (Jan–Jun) 587.0460

H2 Avg (Jul–Dec) 592.5395

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 34.8031 KHR (High: 600.7699 / Low: 565.9668). On the other end, August was the most stable month, with a tight range of 9.5544 KHR (High: 604.4154 / Low: 594.8611).

February Spread (Volatile) ±34.8031

August Spread (Stable) ±9.5544

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 14.0820 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -14.0820

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 605.0461) against the same month in 2022 (average: 553.3896), the exchange rate shifted by +51.6565 (+9.33%).

2023 Avg (July) 605.0461

2022 Avg (July) 553.3896

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	596.1776	574.9053	589.1553
February	600.7699	565.9668	580.0397
March	586.8371	566.0658	575.3053
April	603.1636	580.4709	591.2826
May	605.5960	584.2171	593.2261
June	601.7552	585.5953	593.2672
July	616.0147	594.1270	605.0461
August	604.4154	594.8611	599.2764
September	598.1397	574.6383	585.1944
October	585.3911	573.7489	579.0273
November	600.9934	580.5617	590.9133
December	604.2346	588.0967	595.7794