YEARLY HIGH
1053.6374 KHR
YEARLY LOW
903.4567 KHR
YEARLY AVERAGE
979.7557 KHR

2023 PLN to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1053.6374. Conversely, the yearly low was recorded on February 25, dropping to 903.4567.

This high-to-low spread represents a total annual volatility of 150.1807 KHR. From a start-to-finish perspective, comparing the January average rate of 949.3277 to the December average rate of 1036.5617, the exchange rate registered a net change of 9.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1053.6374 was up 1.93% compared to the 2022 peak of 1033.6916, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 21,072,747 KHR
2022 Average 18,404,735 KHR
Yearly Trough Low 18,069,134 KHR
Transaction Impact: A difference of 3,003,613.08 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1048.0443
910.2533
JanuMarcMayJulySeptNove

PLN 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 957.2306, compared to 1002.2809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 45.0503 points.

H1 Avg (Jan–Jun) 957.2306
H2 Avg (Jul–Dec) 1002.2809

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 73.0464 KHR (High: 1007.5070 / Low: 934.4605). On the other end, August was the most stable month, with a tight range of 27.0429 KHR (High: 1026.9292 / Low: 999.8863).

September Spread (Volatile) ±73.0464
August Spread (Stable) ±27.0429

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 August and September, when the average rate fell by 54.1206 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -54.1206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1036.5617) against the same month in 2022 (average: 931.8486), the exchange rate shifted by +104.7131 (+11.24%).

2023 Avg (December) 1036.5617
2022 Avg (December) 931.8486

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 994.8987 925.1166 949.3277
February 962.6645 903.4567 921.7359
March 945.6439 907.1151 924.0972
April 991.3160 935.2460 960.7704
May 1002.6329 972.3706 984.8988
June 1022.3568 981.1734 1002.5536
July 1045.6570 1002.9687 1026.0022
August 1026.9292 999.8863 1012.9595
September 1007.5070 934.4605 958.8389
October 989.0849 933.7606 967.4898
November 1048.2441 978.9241 1011.8331
December 1053.6374 1021.8677 1036.5617