YEARLY HIGH
0.2813 KHR
YEARLY LOW
0.2595 KHR
YEARLY AVERAGE
0.2697 KHR

2023 IDR to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.2813. Conversely, the yearly low was recorded on October 29, dropping to 0.2595.

This high-to-low spread represents a total annual volatility of 0.0218 KHR. From a start-to-finish perspective, comparing the January average rate of 0.2700 to the December average rate of 0.2655, the exchange rate registered a net change of -1.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2813 was down 1.60% compared to the 2022 peak of 0.2859, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 2,812,986 KHR
2022 Average 2,755,416 KHR
Yearly Trough Low 2,595,433 KHR
Transaction Impact: A difference of 217,552.87 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2787
0.2605
JanuMarcMayJulySeptNove

IDR 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 0.2718, compared to 0.2676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.2718
H2 Avg (Jul–Dec) 0.2676

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0118 KHR (High: 0.2753 / Low: 0.2634). On the other end, August was the most stable month, with a tight range of 0.0042 KHR (High: 0.2732 / Low: 0.2690).

January Spread (Volatile) ±0.0118
August Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0066 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.2772) against the same month in 2022 (average: 0.2783), the exchange rate shifted by -0.0011 (-0.40%).

2023 Avg (May) 0.2772
2022 Avg (May) 0.2783

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2753 0.2634 0.2700
February 0.2760 0.2649 0.2694
March 0.2707 0.2597 0.2647
April 0.2811 0.2697 0.2733
May 0.2813 0.2740 0.2772
June 0.2782 0.2725 0.2759
July 0.2757 0.2703 0.2738
August 0.2732 0.2690 0.2712
September 0.2741 0.2646 0.2686
October 0.2672 0.2595 0.2620
November 0.2681 0.2598 0.2642
December 0.2677 0.2629 0.2655