2023 SYP to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SYP to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SYP to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 1.6620. Conversely, the yearly low was recorded on March 19, dropping to 1.5916.
This high-to-low spread represents a total annual volatility of 0.0704 KHR. From a start-to-finish perspective, comparing the January average rate of 1.6376 to the December average rate of 1.6362, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 1.6620 was up 0.61% compared to the 2022 peak of 1.6520, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SYP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SYP 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 1.6286, compared to 1.6417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 0.0421 KHR (High: 1.6510 / Low: 1.6089). On the other end, January was the most stable month, with a tight range of 0.0076 KHR (High: 1.6402 / Low: 1.6327).
Growth Streaks & Declines
TrendsBetween 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 0.0146 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 1.6439) against the same month in 2022 (average: 1.6382), the exchange rate shifted by +0.0057 (+0.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.6402 | 1.6327 | 1.6376 |
| February | 1.6510 | 1.6089 | 1.6261 |
| March | 1.6174 | 1.5916 | 1.6115 |
| April | 1.6418 | 1.6036 | 1.6178 |
| May | 1.6430 | 1.6316 | 1.6379 |
| June | 1.6452 | 1.6320 | 1.6411 |
| July | 1.6460 | 1.6308 | 1.6411 |
| August | 1.6553 | 1.6362 | 1.6476 |
| September | 1.6620 | 1.6318 | 1.6439 |
| October | 1.6485 | 1.6352 | 1.6436 |
| November | 1.6448 | 1.6291 | 1.6379 |
| December | 1.6435 | 1.6261 | 1.6362 |