YEARLY HIGH
0.5770 KHR
YEARLY LOW
0.5481 KHR
YEARLY AVERAGE
0.5638 KHR

2023 PYG to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.5770. Conversely, the yearly low was recorded on November 4, dropping to 0.5481.

This high-to-low spread represents a total annual volatility of 0.0289 KHR. From a start-to-finish perspective, comparing the January average rate of 0.5578 to the December average rate of 0.5587, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5770 was down 3.89% compared to the 2022 peak of 0.6004, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,885 KHR
2022 Average 2,930 KHR
Yearly Trough Low 2,740 KHR
Transaction Impact: A difference of 144.69 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5733
0.5516
JanuMarcMayJulySeptNove

PYG 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 0.5648, compared to 0.5628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.5648
H2 Avg (Jul–Dec) 0.5628

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0129 KHR (High: 0.5665 / Low: 0.5535). On the other end, July was the most stable month, with a tight range of 0.0031 KHR (High: 0.5691 / Low: 0.5660).

October Spread (Volatile) ±0.0129
July Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0075 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.5715) against the same month in 2022 (average: 0.5925), the exchange rate shifted by -0.0211 (-3.55%).

2023 Avg (May) 0.5715
2022 Avg (May) 0.5925

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5642 0.5533 0.5578
February 0.5642 0.5532 0.5595
March 0.5670 0.5562 0.5633
April 0.5712 0.5619 0.5678
May 0.5770 0.5674 0.5715
June 0.5733 0.5662 0.5687
July 0.5691 0.5660 0.5677
August 0.5710 0.5673 0.5692
September 0.5739 0.5642 0.5677
October 0.5665 0.5535 0.5603
November 0.5561 0.5481 0.5534
December 0.5627 0.5530 0.5587