2023 ISK to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ISK to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ISK to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 31.8982. Conversely, the yearly low was recorded on February 25, dropping to 27.9294.
This high-to-low spread represents a total annual volatility of 3.9689 KHR. From a start-to-finish perspective, comparing the January average rate of 28.7938 to the December average rate of 29.8250, the exchange rate registered a net change of 3.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 31.8982 was down 2.66% compared to the 2022 peak of 32.7716, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ISK to KHR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 29.2859, compared to 30.3425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0566 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was September, with a trading range of 1.6475 KHR (High: 31.5290 / Low: 29.8816). On the other end, October was the most stable month, with a tight range of 0.4796 KHR (High: 30.0041 / Low: 29.5245).
Growth Streaks & Declines
TrendsBetween May and August, 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 0.8736 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2023: 31.4012) against the same month in 2022 (average: 29.6489), the exchange rate shifted by +1.7523 (+5.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.1165 | 28.4402 | 28.7938 |
| February | 29.4935 | 27.9294 | 28.5595 |
| March | 29.8535 | 28.4910 | 28.9421 |
| April | 30.4236 | 29.3493 | 29.7800 |
| May | 30.3942 | 29.1821 | 29.7261 |
| June | 30.6565 | 29.2441 | 29.9142 |
| July | 31.6519 | 30.1013 | 31.0800 |
| August | 31.8982 | 31.1756 | 31.4012 |
| September | 31.5290 | 29.8816 | 30.5277 |
| October | 30.0041 | 29.5245 | 29.7961 |
| November | 30.0500 | 28.6518 | 29.4251 |
| December | 30.2899 | 29.3616 | 29.8250 |