2023 KHR to KRW Historical Review

YEARLY HIGH

0.3295 KRW

YEARLY LOW

0.2973 KRW

YEARLY AVERAGE

0.3179 KRW

2023 KHR to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.3295. Conversely, the yearly low was recorded on February 1, dropping to 0.2973.

This high-to-low spread represents a total annual volatility of 0.0322 KRW. From a start-to-finish perspective, comparing the January average rate of 0.3020 to the December average rate of 0.3166, the exchange rate registered a net change of 4.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3295 was down 5.81% compared to the 2022 peak of 0.3499, 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 1,648 KRW

2022 Average 1,579 KRW

Yearly Trough Low 1,487 KRW

Transaction Impact: A difference of 161.05 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3295

0.2995

JanuMarcMayJulySeptNove

KHR to KRW 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 0.3166, compared to 0.3192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.3166

H2 Avg (Jul–Dec) 0.3192

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0294 KRW (High: 0.3267 / Low: 0.2973). On the other end, October was the most stable month, with a tight range of 0.0053 KRW (High: 0.3294 / Low: 0.3240).

February Spread (Volatile) ±0.0294

October Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0095 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.3251) against the same month in 2022 (average: 0.3052), the exchange rate shifted by +0.0199 (+6.52%).

2023 Avg (April) 0.3251

2022 Avg (April) 0.3052

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3106	0.2987	0.3020
February	0.3267	0.2973	0.3133
March	0.3281	0.3170	0.3223
April	0.3295	0.3205	0.3251
May	0.3271	0.3193	0.3227
June	0.3205	0.3077	0.3142
July	0.3207	0.3064	0.3117
August	0.3248	0.3121	0.3197
September	0.3289	0.3163	0.3230
October	0.3294	0.3240	0.3270
November	0.3263	0.3130	0.3175
December	0.3199	0.3130	0.3166