YEARLY HIGH
0.0139 PHP
YEARLY LOW
0.0129 PHP
YEARLY AVERAGE
0.0135 PHP

2023 KHR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0139. Conversely, the yearly low was recorded on February 5, dropping to 0.0129.

This high-to-low spread represents a total annual volatility of 0.0010 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0134 to the December average rate of 0.0135, the exchange rate registered a net change of 1.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0139 was down 3.36% compared to the 2022 peak of 0.0144, 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 70 PHP
2022 Average 67 PHP
Yearly Trough Low 65 PHP
Transaction Impact: A difference of 4.85 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0138
0.0133
JanuMarcMayJulySeptNove

KHR to PHP 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 0.0135, compared to 0.0136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0135
H2 Avg (Jul–Dec) 0.0136

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0008 PHP (High: 0.0137 / Low: 0.0129). On the other end, October was the most stable month, with a tight range of 0.0001 PHP (High: 0.0138 / Low: 0.0137).

February Spread (Volatile) ±0.0008
October Spread (Stable) ±0.0001

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 June and July, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0138) against the same month in 2022 (average: 0.0140), the exchange rate shifted by -0.0003 (-1.83%).

2023 Avg (September) 0.0138
2022 Avg (September) 0.0140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0136 0.0132 0.0134
February 0.0137 0.0129 0.0134
March 0.0137 0.0133 0.0135
April 0.0138 0.0134 0.0136
May 0.0137 0.0134 0.0136
June 0.0136 0.0134 0.0135
July 0.0136 0.0132 0.0133
August 0.0138 0.0133 0.0136
September 0.0139 0.0136 0.0138
October 0.0138 0.0137 0.0137
November 0.0137 0.0134 0.0135
December 0.0136 0.0134 0.0135