2023 KHR to CVE Historical Review

YEARLY HIGH

0.0258 CVE

YEARLY LOW

0.0237 CVE

YEARLY AVERAGE

0.0249 CVE

2023 KHR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0258. Conversely, the yearly low was recorded on July 18, dropping to 0.0237.

This high-to-low spread represents a total annual volatility of 0.0021 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0249 to the December average rate of 0.0246, the exchange rate registered a net change of -1.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0258 was down 8.37% compared to the 2022 peak of 0.0282, 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 129 CVE

2022 Average 129 CVE

Yearly Trough Low 119 CVE

Transaction Impact: A difference of 10.59 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0256

0.0241

JanuMarcMayJulySeptNove

KHR to CVE 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 0.0250, compared to 0.0247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0250

H2 Avg (Jul–Dec) 0.0247

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0013 CVE (High: 0.0258 / Low: 0.0245). On the other end, August was the most stable month, with a tight range of 0.0004 CVE (High: 0.0246 / Low: 0.0242).

February Spread (Volatile) ±0.0013

August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0255) against the same month in 2022 (average: 0.0248), the exchange rate shifted by +0.0007 (+2.63%).

2023 Avg (March) 0.0255

2022 Avg (March) 0.0248

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0255	0.0247	0.0249
February	0.0258	0.0245	0.0252
March	0.0258	0.0250	0.0255
April	0.0252	0.0243	0.0248
May	0.0251	0.0243	0.0247
June	0.0254	0.0245	0.0247
July	0.0248	0.0237	0.0242
August	0.0246	0.0242	0.0244
September	0.0254	0.0244	0.0250
October	0.0256	0.0251	0.0253
November	0.0256	0.0244	0.0248
December	0.0251	0.0243	0.0246