YEARLY HIGH
5897.2608 KHR
YEARLY LOW
5633.0202 KHR
YEARLY AVERAGE
5792.8601 KHR

2023 JOD to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 5897.2608. Conversely, the yearly low was recorded on March 19, dropping to 5633.0202.

This high-to-low spread represents a total annual volatility of 264.2405 KHR. From a start-to-finish perspective, comparing the January average rate of 5799.7181 to the December average rate of 5794.8057, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 5897.2608 was up 0.73% compared to the 2022 peak of 5854.2960, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29,486,304 KHR
2022 Average 28,831,703 KHR
Yearly Trough Low 28,165,101 KHR
Transaction Impact: A difference of 1,321,202.69 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5860.9388
5692.5612
JanuMarcMayJulySeptNove

JOD 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 5767.9060, compared to 5817.8143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 49.9083 points.

H1 Avg (Jan–Jun) 5767.9060
H2 Avg (Jul–Dec) 5817.8143

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 150.7528 KHR (High: 5847.4663 / Low: 5696.7135). On the other end, January was the most stable month, with a tight range of 26.7666 KHR (High: 5810.1063 / Low: 5783.3398).

February Spread (Volatile) ±150.7528
January Spread (Stable) ±26.7666

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 February and March, when the average rate fell by 51.9262 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -51.9262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 5828.5863) against the same month in 2022 (average: 5805.2722), the exchange rate shifted by +23.3140 (+0.40%).

2023 Avg (September) 5828.5863
2022 Avg (September) 5805.2722

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5810.1063 5783.3398 5799.7181
February 5847.4663 5696.7135 5758.5188
March 5728.3951 5633.0202 5706.5926
April 5814.7730 5679.5397 5729.8629
May 5818.1818 5777.9058 5800.6034
June 5827.8159 5779.2852 5812.1403
July 5833.1809 5775.9501 5813.9176
August 5873.3131 5805.8515 5846.9073
September 5897.2608 5781.0111 5828.5863
October 5839.5601 5789.8111 5820.9231
November 5825.4458 5770.7190 5801.7456
December 5820.9159 5757.5167 5794.8057