2023 PGK to KHR Historical Review

YEARLY HIGH

1177.0407 KHR

YEARLY LOW

1082.4415 KHR

YEARLY AVERAGE

1141.3274 KHR

2023 PGK to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1177.0407. Conversely, the yearly low was recorded on December 30, dropping to 1082.4415.

This high-to-low spread represents a total annual volatility of 94.5991 KHR. From a start-to-finish perspective, comparing the January average rate of 1167.9013 to the December average rate of 1098.9927, the exchange rate registered a net change of -5.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1177.0407 was down 0.13% compared to the 2022 peak of 1178.5511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,885,203 KHR

2022 Average 5,796,272 KHR

Yearly Trough Low 5,412,208 KHR

Transaction Impact: A difference of 472,995.54 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1174.9971

1089.8479

JanuMarcMayJulySeptNove

PGK 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 1158.9083, compared to 1123.7466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 35.1617 points.

H1 Avg (Jan–Jun) 1158.9083

H2 Avg (Jul–Dec) 1123.7466

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 46.7344 KHR (High: 1162.4969 / Low: 1115.7626). On the other end, January was the most stable month, with a tight range of 5.7522 KHR (High: 1170.1705 / Low: 1164.4182).

September Spread (Volatile) ±46.7344

January Spread (Stable) ±5.7522

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 19.2119 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -19.2119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1157.7036) against the same month in 2022 (average: 1155.4939), the exchange rate shifted by +2.2097 (+0.19%).

2023 Avg (February) 1157.7036

2022 Avg (February) 1155.4939

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1170.1705	1164.4182	1167.9013
February	1177.0407	1135.9229	1157.7036
March	1153.1212	1136.6878	1149.6148
April	1170.2128	1134.2088	1152.7195
May	1172.7273	1143.7308	1165.0700
June	1173.8636	1143.5847	1160.4406
July	1173.8636	1140.0739	1154.6498
August	1174.7159	1134.2293	1144.3793
September	1162.4969	1115.7626	1133.3630
October	1129.5410	1098.1906	1114.1511
November	1114.5094	1088.4338	1096.9437
December	1107.8827	1082.4415	1098.9927