2023 SEK to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SEK to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SEK to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 412.2426. Conversely, the yearly low was recorded on September 14, dropping to 366.9875.
This high-to-low spread represents a total annual volatility of 45.2551 KHR. From a start-to-finish perspective, comparing the January average rate of 396.0192 to the December average rate of 401.4563, the exchange rate registered a net change of 1.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 412.2426 was down 9.65% compared to the 2022 peak of 456.2809, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SEK 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 390.1499, compared to 384.6678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.4821 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 28.6702 KHR (High: 398.9567 / Low: 370.2865). On the other end, June was the most stable month, with a tight range of 10.1226 KHR (High: 388.4802 / Low: 378.3576).
Growth Streaks & Declines
TrendsBetween September and December, 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 August and September, when the average rate fell by 9.7654 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 401.4563) against the same month in 2022 (average: 396.1427), the exchange rate shifted by +5.3135 (+1.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 403.2974 | 385.2039 | 396.0192 |
| February | 398.6440 | 384.9165 | 390.7303 |
| March | 394.1853 | 375.8359 | 385.3256 |
| April | 401.9371 | 384.7355 | 392.8431 |
| May | 406.8195 | 378.3113 | 392.8366 |
| June | 388.4802 | 378.3576 | 383.1449 |
| July | 405.0074 | 376.8939 | 391.8389 |
| August | 390.8600 | 375.6056 | 382.1516 |
| September | 379.5158 | 366.9875 | 372.3862 |
| October | 380.2853 | 368.9084 | 374.5928 |
| November | 398.9567 | 370.2865 | 385.5811 |
| December | 412.2426 | 392.3707 | 401.4563 |