YEARLY HIGH
0.0328 NPR
YEARLY LOW
0.0315 NPR
YEARLY AVERAGE
0.0321 NPR

2023 KHR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.0328. Conversely, the yearly low was recorded on January 22, dropping to 0.0315.

This high-to-low spread represents a total annual volatility of 0.0013 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0318 to the December average rate of 0.0324, the exchange rate registered a net change of 1.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0328 was up 1.70% compared to the 2022 peak of 0.0322, 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 164 NPR
2022 Average 154 NPR
Yearly Trough Low 158 NPR
Transaction Impact: A difference of 6.27 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0326
0.0318
JanuMarcMayJulySeptNove

KHR to NPR 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 0.0321, compared to 0.0322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0321
H2 Avg (Jul–Dec) 0.0322

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0009 NPR (High: 0.0328 / Low: 0.0319). On the other end, October was the most stable month, with a tight range of 0.0002 NPR (High: 0.0323 / Low: 0.0321).

February Spread (Volatile) ±0.0009
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0323) against the same month in 2022 (average: 0.0295), the exchange rate shifted by +0.0029 (+9.74%).

2023 Avg (February) 0.0323
2022 Avg (February) 0.0295

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0322 0.0315 0.0318
February 0.0328 0.0319 0.0323
March 0.0327 0.0322 0.0325
April 0.0325 0.0317 0.0322
May 0.0323 0.0317 0.0320
June 0.0321 0.0318 0.0319
July 0.0321 0.0317 0.0319
August 0.0323 0.0318 0.0320
September 0.0324 0.0317 0.0322
October 0.0323 0.0321 0.0322
November 0.0326 0.0322 0.0323
December 0.0326 0.0323 0.0324