2023 MGA to KHR Historical Review

YEARLY HIGH

0.9656 KHR

YEARLY LOW

0.8866 KHR

YEARLY AVERAGE

0.9236 KHR

2023 MGA to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.9656. Conversely, the yearly low was recorded on December 30, dropping to 0.8866.

This high-to-low spread represents a total annual volatility of 0.0790 KHR. From a start-to-finish perspective, comparing the January average rate of 0.9360 to the December average rate of 0.8972, the exchange rate registered a net change of -4.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9656 was down 6.34% compared to the 2022 peak of 1.0310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,828 KHR

2022 Average 4,955 KHR

Yearly Trough Low 4,433 KHR

Transaction Impact: A difference of 395.19 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9559

0.8918

JanuMarcMayJulySeptNove

MGA 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 0.9351, compared to 0.9121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0230 points.

H1 Avg (Jan–Jun) 0.9351

H2 Avg (Jul–Dec) 0.9121

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0595 KHR (High: 0.9656 / Low: 0.9061). On the other end, October was the most stable month, with a tight range of 0.0082 KHR (High: 0.9158 / Low: 0.9076).

January Spread (Volatile) ±0.0595

October Spread (Stable) ±0.0082

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 November and December, when the average rate fell by 0.0145 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.9360) against the same month in 2022 (average: 1.0228), the exchange rate shifted by -0.0868 (-8.49%).

2023 Avg (January) 0.9360

2022 Avg (January) 1.0228

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9656	0.9061	0.9360
February	0.9635	0.9405	0.9505
March	0.9463	0.9304	0.9394
April	0.9360	0.9198	0.9285
May	0.9426	0.9318	0.9350
June	0.9372	0.9077	0.9214
July	0.9352	0.9035	0.9162
August	0.9295	0.9156	0.9196
September	0.9282	0.9062	0.9159
October	0.9158	0.9076	0.9120
November	0.9201	0.9063	0.9116
December	0.9153	0.8866	0.8972