YEARLY HIGH
0.2444 KHR
YEARLY LOW
0.1982 KHR
YEARLY AVERAGE
0.2212 KHR

2023 LAK to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.2444. Conversely, the yearly low was recorded on December 12, dropping to 0.1982.

This high-to-low spread represents a total annual volatility of 0.0462 KHR. From a start-to-finish perspective, comparing the January average rate of 0.2422 to the December average rate of 0.1990, the exchange rate registered a net change of -17.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2444 was down 32.89% compared to the 2022 peak of 0.3642, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LAK based on timing:

Yearly Peak High 1,222 KHR
2022 Average 1,467 KHR
Yearly Trough Low 991 KHR
Transaction Impact: A difference of 231.18 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2465
0.1946
JanuMarcMayJulySeptNove

LAK to KHR 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 0.2367, compared to 0.2057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0310 points.

H1 Avg (Jan–Jun) 0.2367
H2 Avg (Jul–Dec) 0.2057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0157 KHR (High: 0.2324 / Low: 0.2167). On the other end, November was the most stable month, with a tight range of 0.0011 KHR (High: 0.1995 / Low: 0.1984).

June Spread (Volatile) ±0.0157
November Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0101 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2422) against the same month in 2022 (average: 0.3609), the exchange rate shifted by -0.1187 (-32.89%).

2023 Avg (January) 0.2422
2022 Avg (January) 0.3609

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2444 0.2375 0.2422
February 0.2443 0.2388 0.2421
March 0.2409 0.2383 0.2399
April 0.2389 0.2359 0.2371
May 0.2381 0.2318 0.2345
June 0.2324 0.2167 0.2244
July 0.2203 0.2134 0.2158
August 0.2167 0.2114 0.2129
September 0.2116 0.2022 0.2073
October 0.2028 0.1995 0.2005
November 0.1995 0.1984 0.1989
December 0.2000 0.1982 0.1990