2023 SBD to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SBD to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SBD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 506.0455. Conversely, the yearly low was recorded on November 25, dropping to 482.7896.
This high-to-low spread represents a total annual volatility of 23.2559 KHR. From a start-to-finish perspective, comparing the January average rate of 497.8481 to the December average rate of 486.0815, the exchange rate registered a net change of -2.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 506.0455 was down 0.60% compared to the 2022 peak of 509.0882, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SBD 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 494.1839, compared to 490.4749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7090 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 15.7381 KHR (High: 506.0455 / Low: 490.3074). On the other end, December was the most stable month, with a tight range of 3.7602 KHR (High: 488.1450 / Low: 484.3848).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 4.2199 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 496.2106) against the same month in 2022 (average: 502.8268), the exchange rate shifted by -6.6162 (-1.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 500.1609 | 494.2718 | 497.8481 |
| February | 506.0455 | 490.3074 | 496.2106 |
| March | 494.8474 | 487.6586 | 491.9907 |
| April | 494.9007 | 485.6512 | 490.1693 |
| May | 497.1472 | 491.4868 | 494.2394 |
| June | 495.9928 | 492.0142 | 494.6455 |
| July | 495.9928 | 486.2680 | 492.8882 |
| August | 496.9094 | 491.2448 | 494.6587 |
| September | 498.9355 | 487.6098 | 491.7331 |
| October | 492.6527 | 485.2236 | 489.6832 |
| November | 491.1029 | 482.7896 | 487.8046 |
| December | 488.1450 | 484.3848 | 486.0815 |