YEARLY HIGH
0.0165 GMD
YEARLY LOW
0.0144 GMD
YEARLY AVERAGE
0.0152 GMD

2023 KHR to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0165. Conversely, the yearly low was recorded on June 12, dropping to 0.0144.

This high-to-low spread represents a total annual volatility of 0.0021 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0151 to the December average rate of 0.0164, the exchange rate registered a net change of 8.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0165 was up 8.80% compared to the 2022 peak of 0.0151, 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 82 GMD
2022 Average 68 GMD
Yearly Trough Low 72 GMD
Transaction Impact: A difference of 10.55 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0166
0.0142
JanuMarcMayJulySeptNove

KHR to GMD 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 0.0149, compared to 0.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0149
H2 Avg (Jul–Dec) 0.0154

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0013 GMD (High: 0.0158 / Low: 0.0145). On the other end, August was the most stable month, with a tight range of 0.0001 GMD (High: 0.0147 / Low: 0.0146).

September Spread (Volatile) ±0.0013
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and December, 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 April and May, when the average rate fell by 0.0007 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0164) against the same month in 2022 (average: 0.0151), the exchange rate shifted by +0.0013 (+8.68%).

2023 Avg (December) 0.0164
2022 Avg (December) 0.0151

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0152 0.0149 0.0151
February 0.0151 0.0147 0.0150
March 0.0154 0.0150 0.0152
April 0.0154 0.0145 0.0152
May 0.0146 0.0145 0.0145
June 0.0145 0.0144 0.0144
July 0.0146 0.0144 0.0145
August 0.0147 0.0146 0.0146
September 0.0158 0.0145 0.0150
October 0.0160 0.0156 0.0159
November 0.0164 0.0157 0.0163
December 0.0165 0.0162 0.0164