2024 AZN to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AZN to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AZN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 2438.4844. Conversely, the yearly low was recorded on December 22, dropping to 2354.4195.
This high-to-low spread represents a total annual volatility of 84.0649 KHR. From a start-to-finish perspective, comparing the January average rate of 2402.8709 to the December average rate of 2366.1616, the exchange rate registered a net change of -1.53% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 2438.4844 was down 0.73% compared to the 2023 peak of 2456.3826, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AZN 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 2397.5024, compared to 2392.2164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2860 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 36.5481 KHR (High: 2402.0785 / Low: 2365.5304). On the other end, October was the most stable month, with a tight range of 10.1128 KHR (High: 2397.4053 / Low: 2387.2926).
Growth Streaks & Declines
TrendsBetween April and June, 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 18.7450 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 2421.1040) against the same month in 2023 (average: 2425.1495), the exchange rate shifted by -4.0455 (-0.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2410.8824 | 2393.9950 | 2402.8709 |
| February | 2420.4427 | 2393.1564 | 2400.7331 |
| March | 2397.0588 | 2363.0186 | 2381.9881 |
| April | 2395.4830 | 2365.8435 | 2381.7410 |
| May | 2408.8235 | 2385.5789 | 2396.5771 |
| June | 2438.4844 | 2406.0223 | 2421.1040 |
| July | 2424.7344 | 2408.1011 | 2416.9132 |
| August | 2418.8267 | 2383.6912 | 2403.7240 |
| September | 2401.7755 | 2385.2479 | 2391.9808 |
| October | 2397.4053 | 2387.2926 | 2391.4983 |
| November | 2402.0785 | 2365.5304 | 2383.0203 |
| December | 2382.8696 | 2354.4195 | 2366.1616 |