2023 SGD to KHR Historical Review

YEARLY HIGH

3149.3987 KHR

YEARLY LOW

2980.9028 KHR

YEARLY AVERAGE

3059.6642 KHR

2023 SGD to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 3149.3987. Conversely, the yearly low was recorded on March 18, dropping to 2980.9028.

This high-to-low spread represents a total annual volatility of 168.4959 KHR. From a start-to-finish perspective, comparing the January average rate of 3106.2069 to the December average rate of 3087.8648, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3149.3987 was up 2.51% compared to the 2022 peak of 3072.1640, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,746,993 KHR

2022 Average 14,832,451 KHR

Yearly Trough Low 14,904,514 KHR

Transaction Impact: A difference of 842,479.65 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3115.1577

3007.7484

JanuMarcMayJulySeptNove

SGD 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 3062.7230, compared to 3056.6054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.1175 points.

H1 Avg (Jan–Jun) 3062.7230

H2 Avg (Jul–Dec) 3056.6054

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 153.9047 KHR (High: 3149.3987 / Low: 2995.4940). On the other end, October was the most stable month, with a tight range of 29.7140 KHR (High: 3034.3050 / Low: 3004.5909).

February Spread (Volatile) ±153.9047

October Spread (Stable) ±29.7140

Growth Streaks & Declines

Trends

Between March and May, 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 45.3971 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -45.3971

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 3065.0044) against the same month in 2022 (average: 3018.5263), the exchange rate shifted by +46.4781 (+1.54%).

2023 Avg (February) 3065.0044

2022 Avg (February) 3018.5263

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3134.7720	3059.4311	3106.2069
February	3149.3987	2995.4940	3065.0044
March	3055.9926	2980.9028	3019.6073
April	3088.8002	3029.8282	3051.5858
May	3113.9808	3033.0625	3071.3768
June	3081.9420	3033.1789	3062.5566
July	3124.1844	3034.0037	3088.7117
August	3095.3749	3041.1930	3064.1429
September	3080.3853	3001.6056	3029.6151
October	3034.3050	3004.5909	3016.6992
November	3093.6230	3020.8381	3052.5988
December	3112.2765	3062.8102	3087.8648