YEARLY HIGH
0.0026 MAD
YEARLY LOW
0.0023 MAD
YEARLY AVERAGE
0.0025 MAD

2023 KHR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.0026. Conversely, the yearly low was recorded on July 16, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0003 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0024, the exchange rate registered a net change of -1.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0026 was down 3.98% compared to the 2022 peak of 0.0027, 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 13 MAD
2022 Average 12 MAD
Yearly Trough Low 12 MAD
Transaction Impact: A difference of 1.25 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0026
0.0023
JanuMarcMayJulySeptNove

KHR to MAD 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 0.0025, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0025
H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0001 MAD (High: 0.0025 / Low: 0.0023). On the other end, October was the most stable month, with a tight range of 0.0000 MAD (High: 0.0025 / Low: 0.0025).

August Spread (Volatile) ±0.0001
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0026) against the same month in 2022 (average: 0.0024), the exchange rate shifted by +0.0001 (+6.24%).

2023 Avg (March) 0.0026
2022 Avg (March) 0.0024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0026 0.0024 0.0025
February 0.0026 0.0025 0.0025
March 0.0026 0.0025 0.0026
April 0.0025 0.0024 0.0025
May 0.0025 0.0024 0.0025
June 0.0025 0.0024 0.0024
July 0.0024 0.0023 0.0024
August 0.0025 0.0023 0.0024
September 0.0025 0.0024 0.0025
October 0.0025 0.0025 0.0025
November 0.0025 0.0024 0.0025
December 0.0025 0.0024 0.0024