2024 BGN to KHR Historical Review

YEARLY HIGH

2338.5192 KHR

YEARLY LOW

2132.5241 KHR

YEARLY AVERAGE

2252.7841 KHR

2024 BGN to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 2338.5192. Conversely, the yearly low was recorded on December 19, dropping to 2132.5241.

This high-to-low spread represents a total annual volatility of 205.9951 KHR. From a start-to-finish perspective, comparing the January average rate of 2278.8290 to the December average rate of 2154.0931, the exchange rate registered a net change of -5.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2338.5192 was down 1.38% compared to the 2023 peak of 2371.2446, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,692,596 KHR

2023 Average 11,364,613 KHR

Yearly Trough Low 10,662,621 KHR

Transaction Impact: A difference of 1,029,975.70 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2325.1861

2138.5392

JanuMarcMayJulySeptNove

BGN 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 2253.3837, compared to 2252.1845 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1992 points.

H1 Avg (Jan–Jun) 2253.3837

H2 Avg (Jul–Dec) 2252.1845

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 128.7257 KHR (High: 2273.4211 / Low: 2144.6954). On the other end, July was the most stable month, with a tight range of 33.6074 KHR (High: 2294.0043 / Low: 2260.3969).

November Spread (Volatile) ±128.7257

July Spread (Stable) ±33.6074

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 63.6261 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -63.6261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2303.1052) against the same month in 2023 (average: 2308.8820), the exchange rate shifted by -5.7768 (-0.25%).

2024 Avg (August) 2303.1052

2023 Avg (August) 2308.8820

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2312.3823	2258.0682	2278.8290
February	2274.5013	2234.7789	2252.2510
March	2268.3232	2229.4764	2251.3510
April	2244.3355	2196.0540	2220.5883
May	2270.9627	2218.0769	2252.3304
June	2289.6150	2245.7744	2264.9524
July	2294.0043	2260.3969	2279.8168
August	2338.5192	2266.2337	2303.1052
September	2326.5066	2288.9946	2309.6322
October	2300.7231	2240.4259	2265.0430
November	2273.4211	2144.6954	2201.4169
December	2192.5023	2132.5241	2154.0931