YEARLY HIGH
244.8870 KHR
YEARLY LOW
204.8867 KHR
YEARLY AVERAGE
222.3725 KHR

2023 NAD to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 244.8870. Conversely, the yearly low was recorded on October 25, dropping to 204.8867.

This high-to-low spread represents a total annual volatility of 40.0003 KHR. From a start-to-finish perspective, comparing the January average rate of 240.9176 to the December average rate of 220.0579, the exchange rate registered a net change of -8.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 244.8870 was down 12.22% compared to the 2022 peak of 278.9926, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,224,435 KHR
2022 Average 1,258,336 KHR
Yearly Trough Low 1,024,433 KHR
Transaction Impact: A difference of 200,001.73 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

243.5545
211.9118
JanuMarcMayJulySeptNove

NAD 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 225.1233, compared to 219.6216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.5017 points.

H1 Avg (Jan–Jun) 225.1233
H2 Avg (Jul–Dec) 219.6216

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 23.2699 KHR (High: 242.7263 / Low: 219.4565). On the other end, January was the most stable month, with a tight range of 6.6627 KHR (High: 244.8870 / Low: 238.2243).

February Spread (Volatile) ±23.2699
January Spread (Stable) ±6.6627

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 12.2586 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -12.2586

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 240.9176) against the same month in 2022 (average: 262.6203), the exchange rate shifted by -21.7028 (-8.26%).

2023 Avg (January) 240.9176
2022 Avg (January) 262.6203

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 244.8870 238.2243 240.9176
February 242.7263 219.4565 228.6589
March 226.6219 217.0945 221.5349
April 228.2981 219.2757 223.6395
May 225.7659 208.5740 215.7612
June 226.6121 208.8886 220.2277
July 234.2598 217.3718 226.1067
August 226.3159 208.7475 219.7139
September 221.9456 214.7612 217.7000
October 220.0897 204.8867 214.5487
November 226.3498 205.8149 219.6026
December 225.8948 215.3490 220.0579