YEARLY HIGH
2.7250 KHR
YEARLY LOW
0.2641 KHR
YEARLY AVERAGE
0.5126 KHR

2023 LBP to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2.7250. Conversely, the yearly low was recorded on April 8, dropping to 0.2641.

This high-to-low spread represents a total annual volatility of 2.4610 KHR. From a start-to-finish perspective, comparing the January average rate of 2.7142 to the December average rate of 0.2732, the exchange rate registered a net change of -89.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7250 was down 3.55% compared to the 2022 peak of 2.8253, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,625 KHR
2022 Average 13,489 KHR
Yearly Trough Low 1,320 KHR
Transaction Impact: A difference of 12,304.87 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9588
0.0240
JanuMarcMayJulySeptNove

LBP 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 0.7510, compared to 0.2742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4767 points.

H1 Avg (Jan–Jun) 0.7510
H2 Avg (Jul–Dec) 0.2742

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.4590 KHR (High: 2.7250 / Low: 0.2660). On the other end, November was the most stable month, with a tight range of 0.0018 KHR (High: 0.2754 / Low: 0.2736).

February Spread (Volatile) ±2.4590
November Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.0060 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.7082) against the same month in 2022 (average: 2.6861), the exchange rate shifted by -1.9779 (-73.63%).

2023 Avg (February) 0.7082
2022 Avg (February) 2.6861

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7250 2.6985 2.7142
February 2.7250 0.2660 0.7082
March 0.2707 0.2656 0.2686
April 0.2737 0.2641 0.2693
May 0.2743 0.2703 0.2728
June 0.2752 0.2688 0.2727
July 0.2752 0.2688 0.2737
August 0.2767 0.2711 0.2749
September 0.2776 0.2704 0.2744
October 0.2762 0.2735 0.2749
November 0.2754 0.2736 0.2743
December 0.2740 0.2718 0.2732