2023 LRD to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LRD to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LRD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 26.9756. Conversely, the yearly low was recorded on December 29, dropping to 21.6768.
This high-to-low spread represents a total annual volatility of 5.2988 KHR. From a start-to-finish perspective, comparing the January average rate of 26.4818 to the December average rate of 21.8405, the exchange rate registered a net change of -17.53% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 26.9756 was down 3.85% compared to the 2022 peak of 28.0569, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LRD to KHR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.1960, compared to 22.1134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0826 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 1.5962 KHR (High: 26.4263 / Low: 24.8301). On the other end, October was the most stable month, with a tight range of 0.1389 KHR (High: 22.1501 / Low: 22.0112).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.1757 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 26.1140) against the same month in 2022 (average: 26.4642), the exchange rate shifted by -0.3502 (-1.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.7696 | 26.1780 | 26.4818 |
| February | 26.9756 | 25.4526 | 26.1140 |
| March | 26.4263 | 24.8301 | 25.3947 |
| April | 25.0461 | 24.6116 | 24.9185 |
| May | 24.9366 | 24.3415 | 24.6458 |
| June | 24.3874 | 22.9298 | 23.6211 |
| July | 22.9428 | 22.1261 | 22.4454 |
| August | 22.3599 | 22.0199 | 22.2192 |
| September | 22.4513 | 21.9951 | 22.1652 |
| October | 22.1501 | 22.0112 | 22.0971 |
| November | 22.0404 | 21.7985 | 21.9127 |
| December | 22.0174 | 21.6768 | 21.8405 |