2023 TWD to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TWD to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TWD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 138.3616. Conversely, the yearly low was recorded on November 12, dropping to 127.0493.
This high-to-low spread represents a total annual volatility of 11.3124 KHR. From a start-to-finish perspective, comparing the January average rate of 135.3861 to the December average rate of 131.7137, the exchange rate registered a net change of -2.71% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 138.3616 was down 6.99% compared to the 2022 peak of 148.7540, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TWD 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 133.9564, compared to 129.9954 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9610 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 6.5266 KHR (High: 138.3616 / Low: 131.8350). On the other end, August was the most stable month, with a tight range of 1.4342 KHR (High: 130.7443 / Low: 129.3102).
Growth Streaks & Declines
TrendsBetween 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 2.4409 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 134.9669) against the same month in 2022 (average: 145.9484), the exchange rate shifted by -10.9815 (-7.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 136.6868 | 134.0017 | 135.3861 |
| February | 138.3616 | 131.8350 | 134.9669 |
| March | 133.9620 | 130.5171 | 132.5260 |
| April | 134.1776 | 132.0164 | 133.0080 |
| May | 134.9324 | 133.1547 | 134.0387 |
| June | 134.7275 | 132.2561 | 133.8129 |
| July | 133.7290 | 131.0001 | 132.2093 |
| August | 130.7443 | 129.3102 | 130.1057 |
| September | 131.0083 | 127.5080 | 128.9802 |
| October | 129.0711 | 127.1781 | 127.9185 |
| November | 131.5857 | 127.0493 | 129.0452 |
| December | 133.7910 | 130.4818 | 131.7137 |