YEARLY HIGH
271.1661 KHR
YEARLY LOW
259.6676 KHR
YEARLY AVERAGE
267.2907 KHR

2023 MVR to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 271.1661. Conversely, the yearly low was recorded on March 19, dropping to 259.6676.

This high-to-low spread represents a total annual volatility of 11.4985 KHR. From a start-to-finish perspective, comparing the January average rate of 267.4470 to the December average rate of 267.4207, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 271.1661 was up 0.46% compared to the 2022 peak of 269.9187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,355,831 KHR
2022 Average 1,325,563 KHR
Yearly Trough Low 1,298,338 KHR
Transaction Impact: A difference of 57,492.69 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

269.8894
262.7496
JanuMarcMayJulySeptNove

MVR 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 266.4114, compared to 268.1700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7587 points.

H1 Avg (Jan–Jun) 266.4114
H2 Avg (Jul–Dec) 268.1700

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 7.0643 KHR (High: 270.2406 / Low: 263.1763). On the other end, January was the most stable month, with a tight range of 1.9765 KHR (High: 268.3481 / Low: 266.3716).

February Spread (Volatile) ±7.0643
January Spread (Stable) ±1.9765

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.7482 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.7482

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 267.9133) against the same month in 2022 (average: 266.5308), the exchange rate shifted by +1.3825 (+0.52%).

2023 Avg (September) 267.9133
2022 Avg (September) 266.5308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 268.3481 266.3716 267.4470
February 270.2406 263.1763 266.0928
March 264.9066 259.6676 263.3446
April 268.5547 262.3090 264.6662
May 269.2498 267.0635 268.1857
June 269.8890 266.9533 268.7319
July 269.8890 266.2417 268.1667
August 270.1685 267.8256 269.2944
September 271.1661 266.2268 267.9133
October 269.2403 266.7825 268.3661
November 270.1911 265.1017 267.8590
December 268.5184 265.2944 267.4207