YEARLY HIGH
0.6973 BIF
YEARLY LOW
0.4993 BIF
YEARLY AVERAGE
0.6192 BIF

2023 KHR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.6973. Conversely, the yearly low was recorded on February 4, dropping to 0.4993.

This high-to-low spread represents a total annual volatility of 0.1980 BIF. From a start-to-finish perspective, comparing the January average rate of 0.5028 to the December average rate of 0.6934, the exchange rate registered a net change of 37.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6973 was up 37.32% compared to the 2022 peak of 0.5078, 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 3,486 BIF
2022 Average 2,497 BIF
Yearly Trough Low 2,496 BIF
Transaction Impact: A difference of 990.14 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7125
0.4838
JanuMarcMayJulySeptNove

KHR to BIF 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 0.5504, compared to 0.6880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1376 points.

H1 Avg (Jan–Jun) 0.5504
H2 Avg (Jul–Dec) 0.6880

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1813 BIF (High: 0.6863 / Low: 0.5050). On the other end, March was the most stable month, with a tight range of 0.0047 BIF (High: 0.5146 / Low: 0.5099).

May Spread (Volatile) ±0.1813
March Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6934) against the same month in 2022 (average: 0.5021), the exchange rate shifted by +0.1914 (+38.12%).

2023 Avg (December) 0.6934
2022 Avg (December) 0.5021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5052 0.5005 0.5028
February 0.5135 0.4993 0.5075
March 0.5146 0.5099 0.5128
April 0.5164 0.5055 0.5116
May 0.6863 0.5050 0.5815
June 0.6926 0.6834 0.6862
July 0.6940 0.6836 0.6862
August 0.6892 0.6807 0.6846
September 0.6908 0.6806 0.6866
October 0.6919 0.6840 0.6873
November 0.6920 0.6863 0.6900
December 0.6973 0.6907 0.6934