2023 MMK to KHR Historical Review

YEARLY HIGH

1.9868 KHR

YEARLY LOW

1.9183 KHR

YEARLY AVERAGE

1.9573 KHR

2023 MMK to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 1.9868. Conversely, the yearly low was recorded on April 8, dropping to 1.9183.

This high-to-low spread represents a total annual volatility of 0.0685 KHR. From a start-to-finish perspective, comparing the January average rate of 1.9592 to the December average rate of 1.9556, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.9868 was down 13.46% compared to the 2022 peak of 2.2958, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,934 KHR

2022 Average 10,648 KHR

Yearly Trough Low 9,592 KHR

Transaction Impact: A difference of 342.60 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9753

1.9268

JanuMarcMayJulySeptNove

MMK 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 1.9495, compared to 1.9650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 1.9495

H2 Avg (Jul–Dec) 1.9650

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0504 KHR (High: 1.9754 / Low: 1.9250). On the other end, January was the most stable month, with a tight range of 0.0081 KHR (High: 1.9619 / Low: 1.9538).

February Spread (Volatile) ±0.0504

January Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0144 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 1.9673) against the same month in 2022 (average: 1.9610), the exchange rate shifted by +0.0063 (+0.32%).

2023 Avg (September) 1.9673

2022 Avg (September) 1.9610

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9619	1.9538	1.9592
February	1.9754	1.9250	1.9452
March	1.9347	1.9261	1.9308
April	1.9658	1.9183	1.9375
May	1.9658	1.9556	1.9606
June	1.9696	1.9525	1.9638
July	1.9722	1.9510	1.9658
August	1.9799	1.9637	1.9713
September	1.9868	1.9557	1.9673
October	1.9767	1.9626	1.9679
November	1.9713	1.9504	1.9620
December	1.9616	1.9453	1.9556