YEARLY HIGH
0.1437 CRC
YEARLY LOW
0.1269 CRC
YEARLY AVERAGE
0.1319 CRC

2023 KHR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1437. Conversely, the yearly low was recorded on December 28, dropping to 0.1269.

This high-to-low spread represents a total annual volatility of 0.0168 CRC. From a start-to-finish perspective, comparing the January average rate of 0.1397 to the December average rate of 0.1277, the exchange rate registered a net change of -8.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1437 was down 15.54% compared to the 2022 peak of 0.1701, 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 719 CRC
2022 Average 789 CRC
Yearly Trough Low 635 CRC
Transaction Impact: A difference of 83.89 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1409
0.1266
JanuMarcMayJulySeptNove

KHR to CRC 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 0.1344, compared to 0.1294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.1344
H2 Avg (Jul–Dec) 0.1294

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0092 CRC (High: 0.1437 / Low: 0.1345). On the other end, June was the most stable month, with a tight range of 0.0015 CRC (High: 0.1316 / Low: 0.1300).

January Spread (Volatile) ±0.0092
June Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0036 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1397) against the same month in 2022 (average: 0.1569), the exchange rate shifted by -0.0173 (-11.00%).

2023 Avg (January) 0.1397
2022 Avg (January) 0.1569

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1437 0.1345 0.1397
February 0.1419 0.1341 0.1383
March 0.1378 0.1328 0.1348
April 0.1339 0.1295 0.1318
May 0.1317 0.1298 0.1306
June 0.1316 0.1300 0.1310
July 0.1327 0.1294 0.1310
August 0.1319 0.1286 0.1300
September 0.1308 0.1286 0.1297
October 0.1299 0.1279 0.1288
November 0.1298 0.1283 0.1289
December 0.1286 0.1269 0.1277