YEARLY HIGH
0.0368 JPY
YEARLY LOW
0.0311 JPY
YEARLY AVERAGE
0.0342 JPY

2023 KHR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0368. Conversely, the yearly low was recorded on January 13, dropping to 0.0311.

This high-to-low spread represents a total annual volatility of 0.0058 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0316 to the December average rate of 0.0349, the exchange rate registered a net change of 10.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0368 was up 1.50% compared to the 2022 peak of 0.0363, 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 184 JPY
2022 Average 161 JPY
Yearly Trough Low 155 JPY
Transaction Impact: A difference of 28.95 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0369
0.0312
JanuMarcMayJulySeptNove

KHR to JPY 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 0.0330, compared to 0.0354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0330
H2 Avg (Jul–Dec) 0.0354

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0025 JPY (High: 0.0338 / Low: 0.0313). On the other end, October was the most stable month, with a tight range of 0.0006 JPY (High: 0.0366 / Low: 0.0359).

February Spread (Volatile) ±0.0025
October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.0015 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0364) against the same month in 2022 (average: 0.0343), the exchange rate shifted by +0.0021 (+6.20%).

2023 Avg (November) 0.0364
2022 Avg (November) 0.0343

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0324 0.0311 0.0316
February 0.0338 0.0313 0.0326
March 0.0339 0.0322 0.0330
April 0.0336 0.0323 0.0329
May 0.0342 0.0325 0.0333
June 0.0351 0.0336 0.0343
July 0.0352 0.0335 0.0342
August 0.0354 0.0343 0.0350
September 0.0363 0.0351 0.0358
October 0.0366 0.0359 0.0362
November 0.0368 0.0357 0.0364
December 0.0358 0.0344 0.0349