2023 QAR to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 QAR to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the QAR to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 1144.6459. Conversely, the yearly low was recorded on March 19, dropping to 1098.2920.
This high-to-low spread represents a total annual volatility of 46.3540 KHR. From a start-to-finish perspective, comparing the January average rate of 1129.1116 to the December average rate of 1127.9681, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 1144.6459 was up 0.42% compared to the 2022 peak of 1139.8750, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
QAR to KHR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1122.8121, compared to 1132.5119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.6998 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 31.0128 KHR (High: 1131.8979 / Low: 1100.8851). On the other end, May was the most stable month, with a tight range of 7.8483 KHR (High: 1133.7545 / Low: 1125.9061).
Growth Streaks & Declines
TrendsBetween March and August, 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 February and March, when the average rate fell by 9.9994 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 1134.1293) against the same month in 2022 (average: 1130.3666), the exchange rate shifted by +3.7628 (+0.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1131.5573 | 1120.1646 | 1129.1116 |
| February | 1128.3662 | 1108.5310 | 1120.2401 |
| March | 1115.5153 | 1098.2920 | 1110.2407 |
| April | 1131.8979 | 1100.8851 | 1115.0300 |
| May | 1133.7545 | 1125.9061 | 1130.2245 |
| June | 1134.8531 | 1126.1749 | 1132.0259 |
| July | 1136.8384 | 1125.3664 | 1132.6328 |
| August | 1141.3831 | 1129.1193 | 1135.9844 |
| September | 1144.6459 | 1126.0349 | 1134.1293 |
| October | 1137.9233 | 1128.3851 | 1133.5572 |
| November | 1134.5630 | 1125.3672 | 1130.7999 |
| December | 1132.5336 | 1120.4373 | 1127.9681 |