YEARLY HIGH
62.3682 KHR
YEARLY LOW
54.6473 KHR
YEARLY AVERAGE
57.7818 KHR

2024 AFN to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 62.3682. Conversely, the yearly low was recorded on February 5, dropping to 54.6473.

This high-to-low spread represents a total annual volatility of 7.7209 KHR. From a start-to-finish perspective, comparing the January average rate of 57.1321 to the December average rate of 57.9540, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 62.3682 was up 4.54% compared to the 2023 peak of 59.6620, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 311,841 KHR
2023 Average 250,270 KHR
Yearly Trough Low 273,236 KHR
Transaction Impact: A difference of 38,604.57 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

61.1008
55.2986
JanuMarcMayJulySeptNove

AFN 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 56.7759, compared to 58.7878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0119 points.

H1 Avg (Jan–Jun) 56.7759
H2 Avg (Jul–Dec) 58.7878

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 3.6937 KHR (High: 58.5857 / Low: 54.8920). On the other end, July was the most stable month, with a tight range of 0.7918 KHR (High: 58.5999 / Low: 57.8080).

January Spread (Volatile) ±3.6937
July Spread (Stable) ±0.7918

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.9062 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.9062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 60.6173) against the same month in 2023 (average: 54.6848), the exchange rate shifted by +5.9325 (+10.85%).

2024 Avg (October) 60.6173
2023 Avg (October) 54.6848

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 58.5857 54.8920 57.1321
February 56.5436 54.6473 55.7821
March 56.8612 55.6757 56.1191
April 56.7856 55.9451 56.4161
May 58.0851 56.0724 56.8465
June 59.0342 57.0087 58.3594
July 58.5999 57.8080 58.0648
August 58.6945 57.1490 57.7184
September 59.7794 57.3944 58.5122
October 62.3682 59.0589 60.6173
November 60.8955 59.0954 59.8602
December 60.0130 57.0550 57.9540