YEARLY HIGH
31.1646 KHR
YEARLY LOW
25.9903 KHR
YEARLY AVERAGE
29.1080 KHR

2023 HTG to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 31.1646. Conversely, the yearly low was recorded on April 8, dropping to 25.9903.

This high-to-low spread represents a total annual volatility of 5.1743 KHR. From a start-to-finish perspective, comparing the January average rate of 27.7181 to the December average rate of 31.0904, the exchange rate registered a net change of 12.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 31.1646 was down 24.46% compared to the 2022 peak of 41.2540, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 155,823 KHR
2022 Average 175,902 KHR
Yearly Trough Low 129,952 KHR
Transaction Impact: A difference of 25,871.56 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.5778
25.7281
JanuMarcMayJulySeptNove

HTG 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 27.5717, compared to 30.6444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0727 points.

H1 Avg (Jan–Jun) 27.5717
H2 Avg (Jul–Dec) 30.6444

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 2.7994 KHR (High: 29.4174 / Low: 26.6180). On the other end, December was the most stable month, with a tight range of 0.1767 KHR (High: 31.1550 / Low: 30.9783).

May Spread (Volatile) ±2.7994
December Spread (Stable) ±0.1767

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.8379 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.8379

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 30.8264) against the same month in 2022 (average: 33.2503), the exchange rate shifted by -2.4239 (-7.29%).

2023 Avg (October) 30.8264
2022 Avg (October) 33.2503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.9114 27.4714 27.7181
February 27.6623 26.8977 27.2032
March 26.9154 26.0670 26.3652
April 26.8062 25.9903 26.2156
May 29.4174 26.6180 28.3231
June 29.8317 29.2918 29.6049
July 30.2517 29.6472 29.9438
August 30.6718 30.1098 30.4140
September 30.8050 30.3105 30.5328
October 31.1646 30.4147 30.8264
November 31.1627 30.8241 31.0589
December 31.1550 30.9783 31.0904