2023 KHR to GNF Historical Review

YEARLY HIGH

2.1691 GNF

YEARLY LOW

2.0581 GNF

YEARLY AVERAGE

2.0979 GNF

2023 KHR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 2.1691. Conversely, the yearly low was recorded on September 4, dropping to 2.0581.

This high-to-low spread represents a total annual volatility of 0.1110 GNF. From a start-to-finish perspective, comparing the January average rate of 2.1064 to the December average rate of 2.0924, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1691 was down 5.34% compared to the 2022 peak of 2.2914, 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 10,845 GNF

2022 Average 10,772 GNF

Yearly Trough Low 10,290 GNF

Transaction Impact: A difference of 555.09 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1385

2.0749

JanuMarcMayJulySeptNove

KHR to GNF 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 2.1099, compared to 2.0860 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0239 points.

H1 Avg (Jan–Jun) 2.1099

H2 Avg (Jul–Dec) 2.0860

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0654 GNF (High: 2.1563 / Low: 2.0909). On the other end, December was the most stable month, with a tight range of 0.0208 GNF (High: 2.1048 / Low: 2.0840).

February Spread (Volatile) ±0.0654

December Spread (Stable) ±0.0208

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0202 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.1332) against the same month in 2022 (average: 2.2069), the exchange rate shifted by -0.0737 (-3.34%).

2023 Avg (March) 2.1332

2022 Avg (March) 2.2069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1411	2.0921	2.1064
February	2.1563	2.0909	2.1161
March	2.1691	2.1176	2.1332
April	2.1469	2.0855	2.1159
May	2.1101	2.0833	2.0958
June	2.1095	2.0826	2.0919
July	2.1111	2.0786	2.0875
August	2.1053	2.0652	2.0802
September	2.1007	2.0581	2.0833
October	2.0919	2.0698	2.0827
November	2.1133	2.0753	2.0897
December	2.1048	2.0840	2.0924