YEARLY HIGH
0.0741 PKR
YEARLY LOW
0.0550 PKR
YEARLY AVERAGE
0.0680 PKR

2023 KHR to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0741. Conversely, the yearly low was recorded on January 2, dropping to 0.0550.

This high-to-low spread represents a total annual volatility of 0.0190 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0568 to the December average rate of 0.0686, the exchange rate registered a net change of 20.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0741 was up 26.66% compared to the 2022 peak of 0.0585, 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 370 PKR
2022 Average 250 PKR
Yearly Trough Low 275 PKR
Transaction Impact: A difference of 95.22 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0736
0.0553
JanuMarcMayJulySeptNove

KHR to PKR 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 0.0666, compared to 0.0694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0666
H2 Avg (Jul–Dec) 0.0694

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0102 PKR (High: 0.0652 / Low: 0.0550). On the other end, June was the most stable month, with a tight range of 0.0007 PKR (High: 0.0699 / Low: 0.0692).

January Spread (Volatile) ±0.0102
June Spread (Stable) ±0.0007

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 September and October, when the average rate fell by 0.0044 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0721) against the same month in 2022 (average: 0.0560), the exchange rate shifted by +0.0161 (+28.71%).

2023 Avg (September) 0.0721
2022 Avg (September) 0.0560

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0652 0.0550 0.0568
February 0.0673 0.0604 0.0650
March 0.0700 0.0646 0.0692
April 0.0711 0.0686 0.0698
May 0.0718 0.0688 0.0694
June 0.0699 0.0692 0.0695
July 0.0696 0.0663 0.0683
August 0.0733 0.0685 0.0709
September 0.0741 0.0697 0.0721
October 0.0700 0.0665 0.0677
November 0.0700 0.0678 0.0690
December 0.0692 0.0680 0.0686