2023 KHR to ZAR Historical Review

YEARLY HIGH

0.0048 ZAR

YEARLY LOW

0.0041 ZAR

YEARLY AVERAGE

0.0045 ZAR

2023 KHR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.0048. Conversely, the yearly low was recorded on January 12, dropping to 0.0041.

This high-to-low spread represents a total annual volatility of 0.0007 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0042 to the December average rate of 0.0045, the exchange rate registered a net change of 8.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0048 was up 8.03% 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 24 ZAR

2022 Average 20 ZAR

Yearly Trough Low 20 ZAR

Transaction Impact: A difference of 3.73 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0047

0.0041

JanuMarcMayJulySeptNove

KHR to ZAR 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 0.0045, compared to 0.0045 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) 0.0045

H2 Avg (Jul–Dec) 0.0045

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0004 ZAR (High: 0.0046 / Low: 0.0041). On the other end, September was the most stable month, with a tight range of 0.0001 ZAR (High: 0.0047 / Low: 0.0045).

February Spread (Volatile) ±0.0004

September Spread (Stable) ±0.0001

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 June and July, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0046) against the same month in 2022 (average: 0.0039), the exchange rate shifted by +0.0007 (+18.52%).

2023 Avg (May) 0.0046

2022 Avg (May) 0.0039

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0042	0.0041	0.0042
February	0.0046	0.0041	0.0044
March	0.0047	0.0044	0.0045
April	0.0046	0.0044	0.0045
May	0.0048	0.0044	0.0046
June	0.0048	0.0044	0.0045
July	0.0047	0.0043	0.0044
August	0.0046	0.0044	0.0045
September	0.0047	0.0045	0.0046
October	0.0047	0.0045	0.0046
November	0.0046	0.0044	0.0045
December	0.0046	0.0044	0.0045