YEARLY HIGH
0.0989 KHR
YEARLY LOW
0.0946 KHR
YEARLY AVERAGE
0.0973 KHR

2023 IRR to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0989. Conversely, the yearly low was recorded on March 19, dropping to 0.0946.

This high-to-low spread represents a total annual volatility of 0.0042 KHR. From a start-to-finish perspective, comparing the January average rate of 0.0981 to the December average rate of 0.0973, the exchange rate registered a net change of -0.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0989 was down 0.98% compared to the 2022 peak of 0.0999, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 494 KHR
2022 Average 484 KHR
Yearly Trough Low 473 KHR
Transaction Impact: A difference of 21.13 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0983
0.0958
JanuMarcMayJulySeptNove

IRR 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 0.0970, compared to 0.0976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0970
H2 Avg (Jul–Dec) 0.0976

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0030 KHR (High: 0.0976 / Low: 0.0946). On the other end, May was the most stable month, with a tight range of 0.0006 KHR (High: 0.0977 / Low: 0.0970).

March Spread (Volatile) ±0.0030
May Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0013 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0981) against the same month in 2022 (average: 0.0963), the exchange rate shifted by +0.0018 (+1.87%).

2023 Avg (January) 0.0981
2022 Avg (January) 0.0963

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0989 0.0972 0.0981
February 0.0983 0.0955 0.0968
March 0.0976 0.0946 0.0960
April 0.0976 0.0954 0.0962
May 0.0977 0.0970 0.0974
June 0.0978 0.0970 0.0975
July 0.0983 0.0969 0.0976
August 0.0984 0.0972 0.0979
September 0.0988 0.0970 0.0978
October 0.0980 0.0972 0.0977
November 0.0979 0.0969 0.0974
December 0.0978 0.0970 0.0973