2023 THB to KHR Historical Review

YEARLY HIGH

126.1087 KHR

YEARLY LOW

111.1986 KHR

YEARLY AVERAGE

118.2462 KHR

2023 THB to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 126.1087. Conversely, the yearly low was recorded on October 6, dropping to 111.1986.

This high-to-low spread represents a total annual volatility of 14.9100 KHR. From a start-to-finish perspective, comparing the January average rate of 123.9362 to the December average rate of 117.7928, the exchange rate registered a net change of -4.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 126.1087 was down 0.35% compared to the 2022 peak of 126.5479, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 31,527,171 KHR

2022 Average 29,231,415 KHR

Yearly Trough Low 27,799,659 KHR

Transaction Impact: A difference of 3,727,511.66 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

125.0108

112.1162

JanuMarcMayJulySeptNove

THB 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 119.8664, compared to 116.6260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2403 points.

H1 Avg (Jan–Jun) 119.8664

H2 Avg (Jul–Dec) 116.6260

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 10.7337 KHR (High: 125.5738 / Low: 114.8401). On the other end, June was the most stable month, with a tight range of 3.6164 KHR (High: 119.4805 / Low: 115.8641).

February Spread (Volatile) ±10.7337

June Spread (Stable) ±3.6164

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 January and February, when the average rate fell by 3.9710 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.9710

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 123.9362) against the same month in 2022 (average: 122.5101), the exchange rate shifted by +1.4261 (+1.16%).

2023 Avg (January) 123.9362

2022 Avg (January) 122.5101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	126.1087	119.0106	123.9362
February	125.5738	114.8401	119.9653
March	119.4130	115.3684	117.6610
April	121.4307	117.8045	118.9356
May	123.0769	118.2842	120.4292
June	119.4805	115.8641	118.2708
July	121.3575	116.2940	119.0992
August	120.4876	116.5449	118.1393
September	118.7216	112.3711	115.3677
October	115.1113	111.1986	113.1907
November	118.6922	113.9473	116.1665
December	119.7999	115.0941	117.7928