YEARLY HIGH
1223.6184 KHR
YEARLY LOW
1015.1422 KHR
YEARLY AVERAGE
1116.3783 KHR

2023 ILS to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 1223.6184. Conversely, the yearly low was recorded on October 26, dropping to 1015.1422.

This high-to-low spread represents a total annual volatility of 208.4762 KHR. From a start-to-finish perspective, comparing the January average rate of 1194.9088 to the December average rate of 1122.1018, the exchange rate registered a net change of -6.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1223.6184 was down 7.32% compared to the 2022 peak of 1320.2380, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,118,092 KHR
2022 Average 6,094,404 KHR
Yearly Trough Low 5,075,711 KHR
Transaction Impact: A difference of 1,042,380.96 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1210.5687
1022.6494
JanuMarcMayJulySeptNove

ILS 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 1140.1098, compared to 1092.6467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 47.4631 points.

H1 Avg (Jan–Jun) 1140.1098
H2 Avg (Jul–Dec) 1092.6467

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 111.1053 KHR (High: 1213.5783 / Low: 1102.4730). On the other end, September was the most stable month, with a tight range of 23.6431 KHR (High: 1096.0422 / Low: 1072.3990).

February Spread (Volatile) ±111.1053
September Spread (Stable) ±23.6431

Growth Streaks & Declines

Trends

Between April and June, 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 43.9469 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -43.9469

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1194.9088) against the same month in 2022 (average: 1298.0485), the exchange rate shifted by -103.1397 (-7.95%).

2023 Avg (January) 1194.9088
2022 Avg (January) 1298.0485

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1223.6184 1159.1632 1194.9088
February 1213.5783 1102.4730 1153.5008
March 1143.4523 1094.0740 1119.9689
April 1134.4011 1102.6582 1118.2890
May 1137.6008 1101.8671 1121.3131
June 1159.0024 1099.1693 1132.6782
July 1150.4668 1106.2592 1124.8715
August 1136.1600 1088.4276 1105.6438
September 1096.0422 1072.3990 1082.2563
October 1084.0675 1015.1422 1038.3094
November 1118.6818 1029.5010 1082.6977
December 1138.4720 1105.4586 1122.1018