YEARLY HIGH
0.1981 ARS
YEARLY LOW
0.0429 ARS
YEARLY AVERAGE
0.0718 ARS

2023 KHR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1981. Conversely, the yearly low was recorded on January 1, dropping to 0.0429.

This high-to-low spread represents a total annual volatility of 0.1552 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0442 to the December average rate of 0.1538, the exchange rate registered a net change of 247.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1981 was up 360.59% compared to the 2022 peak of 0.0430, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 990 ARS
2022 Average 160 ARS
Yearly Trough Low 215 ARS
Transaction Impact: A difference of 775.91 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1647
0.0333
JanuMarcMayJulySeptNove

KHR to ARS 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 0.0517, compared to 0.0919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0401 points.

H1 Avg (Jan–Jun) 0.0517
H2 Avg (Jul–Dec) 0.0919

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.1105 ARS (High: 0.1981 / Low: 0.0876). On the other end, October was the most stable month, with a tight range of 0.0007 ARS (High: 0.0852 / Low: 0.0845).

December Spread (Volatile) ±0.1105
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1538) against the same month in 2022 (average: 0.0418), the exchange rate shifted by +0.1119 (+267.48%).

2023 Avg (December) 0.1538
2022 Avg (December) 0.0418

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0455 0.0429 0.0442
February 0.0487 0.0453 0.0469
March 0.0514 0.0487 0.0500
April 0.0544 0.0514 0.0529
May 0.0582 0.0539 0.0561
June 0.0621 0.0583 0.0602
July 0.0667 0.0621 0.0644
August 0.0847 0.0668 0.0776
September 0.0854 0.0838 0.0847
October 0.0852 0.0845 0.0848
November 0.0876 0.0847 0.0858
December 0.1981 0.0876 0.1538