YEARLY HIGH
32.2061 KHR
YEARLY LOW
27.1447 KHR
YEARLY AVERAGE
29.3061 KHR

2023 JPY to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 32.2061. Conversely, the yearly low was recorded on November 12, dropping to 27.1447.

This high-to-low spread represents a total annual volatility of 5.0614 KHR. From a start-to-finish perspective, comparing the January average rate of 31.6103 to the December average rate of 28.6194, the exchange rate registered a net change of -9.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 32.2061 was down 10.03% compared to the 2022 peak of 35.7975, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 16,103,053 KHR
2022 Average 15,647,887 KHR
Yearly Trough Low 13,572,359 KHR
Transaction Impact: A difference of 2,530,694.51 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

32.0241
27.0593
JanuMarcMayJulySeptNove

JPY 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 30.3696, compared to 28.2426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1270 points.

H1 Avg (Jan–Jun) 30.3696
H2 Avg (Jul–Dec) 28.2426

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.3396 KHR (High: 31.9664 / Low: 29.6268). On the other end, October was the most stable month, with a tight range of 0.4909 KHR (High: 27.8219 / Low: 27.3309).

February Spread (Volatile) ±2.3396
October Spread (Stable) ±0.4909

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.9271 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.9271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 31.6103) against the same month in 2022 (average: 35.4438), the exchange rate shifted by -3.8335 (-10.82%).

2023 Avg (January) 31.6103
2022 Avg (January) 35.4438

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.2061 30.8801 31.6103
February 31.9664 29.6268 30.6832
March 31.0801 29.4771 30.3151
April 30.9830 29.7892 30.4352
May 30.7613 29.2347 29.9945
June 29.7293 28.5187 29.1794
July 29.8823 28.4216 29.2143
August 29.1813 28.2573 28.5911
September 28.4958 27.5679 27.9456
October 27.8219 27.3309 27.6124
November 28.0230 27.1447 27.4730
December 29.0515 27.9465 28.6194