YEARLY HIGH
14.2130 KHR
YEARLY LOW
11.0834 KHR
YEARLY AVERAGE
12.5438 KHR

2023 LKR to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 14.2130. Conversely, the yearly low was recorded on March 9, dropping to 11.0834.

This high-to-low spread represents a total annual volatility of 3.1296 KHR. From a start-to-finish perspective, comparing the January average rate of 11.2505 to the December average rate of 12.5821, the exchange rate registered a net change of 11.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.2130 was down 29.65% compared to the 2022 peak of 20.2024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 71,065 KHR
2022 Average 66,282 KHR
Yearly Trough Low 55,417 KHR
Transaction Impact: A difference of 15,648.00 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.8772
10.9469
JanuMarcMayJulySeptNove

LKR 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 12.3520, compared to 12.7356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3836 points.

H1 Avg (Jan–Jun) 12.3520
H2 Avg (Jul–Dec) 12.7356

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.6132 KHR (High: 12.6965 / Low: 11.0834). On the other end, January was the most stable month, with a tight range of 0.1353 KHR (High: 11.3110 / Low: 11.1757).

March Spread (Volatile) ±1.6132
January Spread (Stable) ±0.1353

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.7119 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.7119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 13.6330) against the same month in 2022 (average: 11.3064), the exchange rate shifted by +2.3266 (+20.58%).

2023 Avg (June) 13.6330
2022 Avg (June) 11.3064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.3110 11.1757 11.2505
February 11.2676 11.0847 11.1911
March 12.6965 11.0834 12.1220
April 12.8833 12.2766 12.6257
May 14.0045 12.8656 13.2897
June 14.2130 12.8660 13.6330
July 13.4902 12.4280 12.9211
August 13.1151 12.7235 12.8660
September 13.0405 12.6283 12.7807
October 12.7633 12.6114 12.7079
November 12.6402 12.4978 12.5559
December 12.6635 12.5248 12.5821