2023 MZN to KHR Historical Review

YEARLY HIGH

65.4214 KHR

YEARLY LOW

62.5803 KHR

YEARLY AVERAGE

64.3246 KHR

2023 MZN to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 65.4214. Conversely, the yearly low was recorded on March 19, dropping to 62.5803.

This high-to-low spread represents a total annual volatility of 2.8411 KHR. From a start-to-finish perspective, comparing the January average rate of 64.4043 to the December average rate of 64.3588, 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 65.4214 was up 0.65% compared to the 2022 peak of 64.9961, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 327,107 KHR

2022 Average 320,113 KHR

Yearly Trough Low 312,902 KHR

Transaction Impact: A difference of 14,205.66 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

64.9753

63.2334

JanuMarcMayJulySeptNove

MZN 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 64.0533, compared to 64.5958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5425 points.

H1 Avg (Jan–Jun) 64.0533

H2 Avg (Jul–Dec) 64.5958

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.7052 KHR (High: 64.9170 / Low: 63.2117). On the other end, January was the most stable month, with a tight range of 0.2879 KHR (High: 64.5342 / Low: 64.2462).

February Spread (Volatile) ±1.7052

January Spread (Stable) ±0.2879

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 0.5539 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5539

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 64.6488) against the same month in 2022 (average: 64.4252), the exchange rate shifted by +0.2236 (+0.35%).

2023 Avg (September) 64.6488

2022 Avg (September) 64.4252

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	64.5342	64.2462	64.4043
February	64.9170	63.2117	63.9325
March	63.6389	62.5803	63.3786
April	64.6045	63.1020	63.6361
May	64.7312	64.1788	64.4316
June	64.6897	64.1691	64.5368
July	65.1884	64.1732	64.6473
August	65.1558	64.3620	64.8302
September	65.4214	64.1360	64.6488
October	64.8708	64.2950	64.6616
November	64.6725	64.0559	64.4282
December	64.6475	63.9364	64.3588