YEARLY HIGH
517.1024 KHR
YEARLY LOW
498.2355 KHR
YEARLY AVERAGE
509.6780 KHR

2023 MOP to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 517.1024. Conversely, the yearly low was recorded on April 8, dropping to 498.2355.

This high-to-low spread represents a total annual volatility of 18.8669 KHR. From a start-to-finish perspective, comparing the January average rate of 510.8401 to the December average rate of 510.4714, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 517.1024 was down 0.07% compared to the 2022 peak of 517.4389, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,585,512 KHR
2022 Average 2,534,719 KHR
Yearly Trough Low 2,491,177 KHR
Transaction Impact: A difference of 94,334.72 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

514.8418
500.3205
JanuMarcMayJulySeptNove

MOP 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 507.0127, compared to 512.3432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.3305 points.

H1 Avg (Jan–Jun) 507.0127
H2 Avg (Jul–Dec) 512.3432

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 13.2261 KHR (High: 513.3411 / Low: 500.1150). On the other end, May was the most stable month, with a tight range of 1.9526 KHR (High: 510.9626 / Low: 509.0100).

February Spread (Volatile) ±13.2261
May Spread (Stable) ±1.9526

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 January and February, when the average rate fell by 5.4016 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -5.4016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 512.2437) against the same month in 2022 (average: 509.3623), the exchange rate shifted by +2.8814 (+0.57%).

2023 Avg (September) 512.2437
2022 Avg (September) 509.3623

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 512.9393 508.6194 510.8401
February 513.3411 500.1150 505.4385
March 502.4988 500.4319 501.5306
April 510.5355 498.2355 503.2232
May 510.9626 509.0100 509.8986
June 512.3296 508.4254 511.1454
July 514.8096 508.1351 512.6702
August 514.7594 512.3249 513.6317
September 517.1024 509.3857 512.2437
October 514.1056 510.9157 512.6603
November 514.7003 508.0662 512.3820
December 512.1111 507.6966 510.4714