YEARLY HIGH
0.0072 TRY
YEARLY LOW
0.0045 TRY
YEARLY AVERAGE
0.0058 TRY

2023 KHR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0072. Conversely, the yearly low was recorded on February 4, dropping to 0.0045.

This high-to-low spread represents a total annual volatility of 0.0027 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0071, the exchange rate registered a net change of 55.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0072 was up 58.72% compared to the 2022 peak of 0.0045, 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 36 TRY
2022 Average 20 TRY
Yearly Trough Low 23 TRY
Transaction Impact: A difference of 13.39 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0073
0.0043
JanuMarcMayJulySeptNove

KHR to TRY 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 0.0049, compared to 0.0067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0049
H2 Avg (Jul–Dec) 0.0067

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0013 TRY (High: 0.0063 / Low: 0.0051). On the other end, January was the most stable month, with a tight range of 0.0000 TRY (High: 0.0046 / Low: 0.0045).

June Spread (Volatile) ±0.0013
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0071) against the same month in 2022 (average: 0.0045), the exchange rate shifted by +0.0025 (+56.25%).

2023 Avg (December) 0.0071
2022 Avg (December) 0.0045

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0046 0.0045 0.0046
February 0.0047 0.0045 0.0046
March 0.0048 0.0046 0.0047
April 0.0048 0.0047 0.0048
May 0.0050 0.0047 0.0048
June 0.0063 0.0051 0.0058
July 0.0065 0.0063 0.0064
August 0.0066 0.0063 0.0065
September 0.0067 0.0064 0.0065
October 0.0068 0.0066 0.0068
November 0.0070 0.0069 0.0070
December 0.0072 0.0070 0.0071