2023 MXN to KHR Historical Review

YEARLY HIGH

248.2976 KHR

YEARLY LOW

211.1996 KHR

YEARLY AVERAGE

231.9934 KHR

2023 MXN to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 248.2976. Conversely, the yearly low was recorded on January 1, dropping to 211.1996.

This high-to-low spread represents a total annual volatility of 37.0980 KHR. From a start-to-finish perspective, comparing the January average rate of 216.9848 to the December average rate of 239.4973, the exchange rate registered a net change of 10.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 248.2976 was up 15.35% compared to the 2022 peak of 215.2577, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 12,414,880 KHR

2022 Average 10,172,209 KHR

Yearly Trough Low 10,559,979 KHR

Transaction Impact: A difference of 1,854,900.40 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

246.3955

214.3111

JanuMarcMayJulySeptNove

MXN 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 225.4948, compared to 238.4920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.9972 points.

H1 Avg (Jan–Jun) 225.4948

H2 Avg (Jul–Dec) 238.4920

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 14.5092 KHR (High: 225.9336 / Low: 211.4244). On the other end, December was the most stable month, with a tight range of 6.5286 KHR (High: 242.1904 / Low: 235.6617).

March Spread (Volatile) ±14.5092

December Spread (Stable) ±6.5286

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 10.4765 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -10.4765

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 243.7218) against the same month in 2022 (average: 204.1506), the exchange rate shifted by +39.5712 (+19.38%).

2023 Avg (August) 243.7218

2022 Avg (August) 204.1506

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	220.7804	211.1996	216.9848
February	222.2622	214.0700	219.7098
March	225.9336	211.4244	220.0415
April	229.1603	221.5444	224.9724
May	236.2414	228.7679	232.1524
June	241.3929	234.6755	239.1075
July	247.4595	238.9593	243.7111
August	248.2976	238.6276	243.7218
September	243.3455	232.9847	238.8127
October	237.2224	224.8444	228.3363
November	240.9600	231.8189	236.8728
December	242.1904	235.6617	239.4973