YEARLY HIGH
1144.6459 KHR
YEARLY LOW
1098.2920 KHR
YEARLY AVERAGE
1127.6620 KHR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 5,723,230 KHR
2022 Average 5,610,658 KHR
Yearly Trough Low 5,491,460 KHR
Transaction Impact: A difference of 231,769.80 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1138.5587
1107.6663
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1122.8121
H2 Avg (Jul–Dec) 1132.5119

Volatility Range Comparison

Volatility

The 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).

April Spread (Volatile) ±31.0128
May Spread (Stable) ±7.8483

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -9.9994

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (September) 1134.1293
2022 Avg (September) 1130.3666

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