YEARLY HIGH
0.0381 JMD
YEARLY LOW
0.0367 JMD
YEARLY AVERAGE
0.0375 JMD

2023 KHR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.0381. Conversely, the yearly low was recorded on January 2, dropping to 0.0367.

This high-to-low spread represents a total annual volatility of 0.0015 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0372 to the December average rate of 0.0378, the exchange rate registered a net change of 1.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0381 was down 1.42% compared to the 2022 peak of 0.0387, 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 191 JMD
2022 Average 188 JMD
Yearly Trough Low 183 JMD
Transaction Impact: A difference of 7.39 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0378
0.0371
JanuMarcMayJulySeptNove

KHR to JMD 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 0.0375, compared to 0.0375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0375
H2 Avg (Jul–Dec) 0.0375

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0009 JMD (High: 0.0381 / Low: 0.0372). On the other end, June was the most stable month, with a tight range of 0.0003 JMD (High: 0.0376 / Low: 0.0373).

February Spread (Volatile) ±0.0009
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0378) against the same month in 2022 (average: 0.0384), the exchange rate shifted by -0.0007 (-1.79%).

2023 Avg (February) 0.0378
2022 Avg (February) 0.0384

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0375 0.0367 0.0372
February 0.0381 0.0372 0.0378
March 0.0379 0.0371 0.0375
April 0.0377 0.0371 0.0374
May 0.0377 0.0371 0.0374
June 0.0376 0.0373 0.0375
July 0.0375 0.0373 0.0374
August 0.0376 0.0371 0.0374
September 0.0376 0.0370 0.0374
October 0.0378 0.0373 0.0375
November 0.0379 0.0375 0.0377
December 0.0380 0.0375 0.0378