2023 PEN to KHR Historical Review

YEARLY HIGH

1160.5696 KHR

YEARLY LOW

1053.6697 KHR

YEARLY AVERAGE

1098.9196 KHR

2023 PEN to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 1160.5696. Conversely, the yearly low was recorded on January 26, dropping to 1053.6697.

This high-to-low spread represents a total annual volatility of 106.8999 KHR. From a start-to-finish perspective, comparing the January average rate of 1076.2538 to the December average rate of 1100.3775, the exchange rate registered a net change of 2.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1160.5696 was up 4.15% compared to the 2022 peak of 1114.3478, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,802,848 KHR

2022 Average 5,335,047 KHR

Yearly Trough Low 5,268,349 KHR

Transaction Impact: A difference of 534,499.30 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1154.0237

1056.4651

JanuMarcMayJulySeptNove

PEN 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 1090.4711, compared to 1107.3681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.8970 points.

H1 Avg (Jan–Jun) 1090.4711

H2 Avg (Jul–Dec) 1107.3681

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 40.5582 KHR (High: 1127.2470 / Low: 1086.6887). On the other end, March was the most stable month, with a tight range of 14.9433 KHR (High: 1079.9062 / Low: 1064.9629).

September Spread (Volatile) ±40.5582

March Spread (Stable) ±14.9433

Growth Streaks & Declines

Trends

Between February and July, 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 September and October, when the average rate fell by 33.4947 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -33.4947

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1145.8939) against the same month in 2022 (average: 1047.6215), the exchange rate shifted by +98.2723 (+9.38%).

2023 Avg (July) 1145.8939

2022 Avg (July) 1047.6215

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1090.8580	1053.6697	1076.2538
February	1076.7979	1053.8505	1064.5950
March	1079.9062	1064.9629	1071.9383
April	1113.5106	1073.2932	1081.9261
May	1127.6799	1108.2426	1117.1837
June	1140.0193	1117.5472	1130.9297
July	1160.5696	1131.7413	1145.8939
August	1145.6573	1108.4305	1121.4174
September	1127.2470	1086.6887	1109.2531
October	1089.2719	1066.0501	1075.7585
November	1105.1715	1065.3014	1091.5082
December	1113.1436	1087.0292	1100.3775