YEARLY HIGH
27.2845 KHR
YEARLY LOW
26.2273 KHR
YEARLY AVERAGE
26.6677 KHR

2023 JMD to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 27.2845. Conversely, the yearly low was recorded on February 25, dropping to 26.2273.

This high-to-low spread represents a total annual volatility of 1.0572 KHR. From a start-to-finish perspective, comparing the January average rate of 26.9146 to the December average rate of 26.4686, 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 27.2845 was down 0.57% compared to the 2022 peak of 27.4398, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 136,423 KHR
2022 Average 133,265 KHR
Yearly Trough Low 131,136 KHR
Transaction Impact: A difference of 5,286.08 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

26.9592
26.4240
JanuMarcMayJulySeptNove

JMD 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 26.6947, compared to 26.6407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0540 points.

H1 Avg (Jan–Jun) 26.6947
H2 Avg (Jul–Dec) 26.6407

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.6224 KHR (High: 26.8497 / Low: 26.2273). On the other end, June was the most stable month, with a tight range of 0.1849 KHR (High: 26.7943 / Low: 26.6094).

February Spread (Volatile) ±0.6224
June Spread (Stable) ±0.1849

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.4274 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 26.9146) against the same month in 2022 (average: 26.2689), the exchange rate shifted by +0.6457 (+2.46%).

2023 Avg (January) 26.9146
2022 Avg (January) 26.2689

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.2845 26.6912 26.9146
February 26.8497 26.2273 26.4872
March 26.9207 26.3814 26.6552
April 26.9576 26.5210 26.7168
May 26.9532 26.5267 26.7053
June 26.7943 26.6094 26.6891
July 26.8378 26.6442 26.7305
August 26.9543 26.5684 26.7738
September 27.0382 26.5713 26.7273
October 26.7836 26.4900 26.6508
November 26.6755 26.3565 26.4934
December 26.6444 26.3214 26.4686