YEARLY HIGH
0.6802 CDF
YEARLY LOW
0.4920 CDF
YEARLY AVERAGE
0.5682 CDF

2023 KHR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.6802. Conversely, the yearly low was recorded on January 7, dropping to 0.4920.

This high-to-low spread represents a total annual volatility of 0.1882 CDF. From a start-to-finish perspective, comparing the January average rate of 0.4979 to the December average rate of 0.6623, the exchange rate registered a net change of 33.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6802 was up 35.56% compared to the 2022 peak of 0.5018, 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 3,401 CDF
2022 Average 2,470 CDF
Yearly Trough Low 2,460 CDF
Transaction Impact: A difference of 941.09 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6787
0.4815
JanuMarcMayJulySeptNove

KHR to CDF 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 0.5216, compared to 0.6147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0931 points.

H1 Avg (Jan–Jun) 0.5216
H2 Avg (Jul–Dec) 0.6147

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0733 CDF (High: 0.5679 / Low: 0.4945). On the other end, September was the most stable month, with a tight range of 0.0107 CDF (High: 0.6056 / Low: 0.5949).

May Spread (Volatile) ±0.0733
September Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0006 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6623) against the same month in 2022 (average: 0.4968), the exchange rate shifted by +0.1654 (+33.29%).

2023 Avg (December) 0.6623
2022 Avg (December) 0.4968

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5045 0.4920 0.4979
February 0.5141 0.4930 0.5049
March 0.5153 0.5036 0.5108
April 0.5325 0.5038 0.5120
May 0.5679 0.4945 0.5319
June 0.5833 0.5631 0.5724
July 0.6179 0.5833 0.5988
August 0.6016 0.5898 0.5982
September 0.6056 0.5949 0.6013
October 0.6271 0.5994 0.6098
November 0.6616 0.5993 0.6180
December 0.6802 0.6472 0.6623