YEARLY HIGH
12.4119 KHR
YEARLY LOW
10.7220 KHR
YEARLY AVERAGE
11.6495 KHR

2023 HUF to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 12.4119. Conversely, the yearly low was recorded on March 18, dropping to 10.7220.

This high-to-low spread represents a total annual volatility of 1.6899 KHR. From a start-to-finish perspective, comparing the January average rate of 11.2432 to the December average rate of 11.7612, the exchange rate registered a net change of 4.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.4119 was down 5.99% compared to the 2022 peak of 13.2034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 12,411,883 KHR
2022 Average 11,061,661 KHR
Yearly Trough Low 10,722,011 KHR
Transaction Impact: A difference of 1,689,872.85 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.1445
11.1613
JanuMarcMayJulySeptNove

HUF 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 11.6354, compared to 11.6637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0283 points.

H1 Avg (Jan–Jun) 11.6354
H2 Avg (Jul–Dec) 11.6637

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.9081 KHR (High: 11.6301 / Low: 10.7220). On the other end, June was the most stable month, with a tight range of 0.3337 KHR (High: 12.2603 / Low: 11.9265).

March Spread (Volatile) ±0.9081
June Spread (Stable) ±0.3337

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3212 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 12.0228) against the same month in 2022 (average: 10.3340), the exchange rate shifted by +1.6889 (+16.34%).

2023 Avg (July) 12.0228
2022 Avg (July) 10.3340

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.6031 10.8538 11.2432
February 11.6326 11.1570 11.3691
March 11.6301 10.7220 11.2616
April 12.1789 11.4844 11.8675
May 12.2541 11.7915 12.0083
June 12.2603 11.9265 12.0626
July 12.4119 11.6598 12.0228
August 11.9738 11.5192 11.7287
September 11.7860 11.0279 11.4075
October 11.5550 11.0917 11.3161
November 11.9998 11.4076 11.7459
December 11.9079 11.5634 11.7612