2023 KHR to MKD Historical Review

YEARLY HIGH

0.0144 MKD

YEARLY LOW

0.0133 MKD

YEARLY AVERAGE

0.0139 MKD

2023 KHR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0144. Conversely, the yearly low was recorded on July 18, dropping to 0.0133.

This high-to-low spread represents a total annual volatility of 0.0012 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0139 to the December average rate of 0.0137, the exchange rate registered a net change of -1.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0144 was down 6.97% compared to the 2022 peak of 0.0155, 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 72 MKD

2022 Average 72 MKD

Yearly Trough Low 66 MKD

Transaction Impact: A difference of 5.84 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0143

0.0134

JanuMarcMayJulySeptNove

KHR to MKD 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 0.0139, compared to 0.0138 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) 0.0139

H2 Avg (Jul–Dec) 0.0138

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0007 MKD (High: 0.0144 / Low: 0.0137). On the other end, August was the most stable month, with a tight range of 0.0002 MKD (High: 0.0137 / Low: 0.0135).

February Spread (Volatile) ±0.0007

August Spread (Stable) ±0.0002

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 March and April, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0142) against the same month in 2022 (average: 0.0138), the exchange rate shifted by +0.0004 (+2.92%).

2023 Avg (March) 0.0142

2022 Avg (March) 0.0138

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0143	0.0137	0.0139
February	0.0144	0.0137	0.0141
March	0.0144	0.0139	0.0142
April	0.0140	0.0135	0.0138
May	0.0140	0.0135	0.0138
June	0.0140	0.0136	0.0138
July	0.0138	0.0133	0.0135
August	0.0137	0.0135	0.0136
September	0.0142	0.0136	0.0140
October	0.0142	0.0140	0.0141
November	0.0142	0.0136	0.0138
December	0.0139	0.0135	0.0137