YEARLY HIGH
1113.3858 KHR
YEARLY LOW
1064.5231 KHR
YEARLY AVERAGE
1095.1233 KHR

2023 SAR to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 1113.3858. Conversely, the yearly low was recorded on March 19, dropping to 1064.5231.

This high-to-low spread represents a total annual volatility of 48.8627 KHR. From a start-to-finish perspective, comparing the January average rate of 1095.3660 to the December average rate of 1095.9774, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1113.3858 was up 0.85% compared to the 2022 peak of 1104.0446, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,566,929 KHR
2022 Average 5,444,545 KHR
Yearly Trough Low 5,322,616 KHR
Transaction Impact: A difference of 244,313.51 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1106.1066
1075.7756
JanuMarcMayJulySeptNove

SAR 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 1090.4949, compared to 1099.7517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.2568 points.

H1 Avg (Jan–Jun) 1090.4949
H2 Avg (Jul–Dec) 1099.7517

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 28.4362 KHR (High: 1105.5653 / Low: 1077.1291). On the other end, January was the most stable month, with a tight range of 5.1761 KHR (High: 1097.3281 / Low: 1092.1520).

February Spread (Volatile) ±28.4362
January Spread (Stable) ±5.1761

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 10.7193 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -10.7193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 1101.2666) against the same month in 2022 (average: 1094.8765), the exchange rate shifted by +6.3901 (+0.58%).

2023 Avg (September) 1101.2666
2022 Avg (September) 1094.8765

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1097.3281 1092.1520 1095.3660
February 1105.5653 1077.1291 1089.0225
March 1082.6772 1064.5231 1078.3032
April 1099.7836 1074.0970 1083.5857
May 1100.4940 1093.1667 1097.3069
June 1102.0906 1093.3612 1099.3853
July 1102.7072 1092.3706 1099.3019
August 1108.6535 1095.8320 1103.5790
September 1113.3858 1093.0037 1101.2666
October 1104.7552 1095.3574 1100.9772
November 1101.6010 1091.0596 1097.4083
December 1098.9300 1089.4757 1095.9774