YEARLY HIGH
10998.0936 KHR
YEARLY LOW
10620.6051 KHR
YEARLY AVERAGE
10804.2328 KHR

2024 BHD to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 10998.0936. Conversely, the yearly low was recorded on December 21, dropping to 10620.6051.

This high-to-low spread represents a total annual volatility of 377.4885 KHR. From a start-to-finish perspective, comparing the January average rate of 10839.9463 to the December average rate of 10670.8119, the exchange rate registered a net change of -1.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10998.0936 was down 0.70% compared to the 2023 peak of 11075.8504, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,990,468 KHR
2023 Average 54,515,129 KHR
Yearly Trough Low 53,103,026 KHR
Transaction Impact: A difference of 1,887,442.37 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10947.5962
10645.6497
JanuMarcMayJulySeptNove

BHD 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 10816.2444, compared to 10792.2212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 24.0232 points.

H1 Avg (Jan–Jun) 10816.2444
H2 Avg (Jul–Dec) 10792.2212

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 171.2892 KHR (High: 10839.0427 / Low: 10667.7535). On the other end, October was the most stable month, with a tight range of 53.6127 KHR (High: 10819.4777 / Low: 10765.8649).

November Spread (Volatile) ±171.2892
October Spread (Stable) ±53.6127

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 78.7988 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -78.7988

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 10922.4340) against the same month in 2023 (average: 10944.6217), the exchange rate shifted by -22.1877 (-0.20%).

2024 Avg (June) 10922.4340
2023 Avg (June) 10944.6217

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10878.5901 10804.9763 10839.9463
February 10915.2739 10794.9720 10828.4151
March 10812.3741 10691.9435 10750.3448
April 10811.2039 10675.8567 10743.4259
May 10873.7214 10757.4234 10812.9000
June 10998.0936 10871.6597 10922.4340
July 10930.6219 10870.4315 10903.4227
August 10909.4041 10765.3882 10849.4882
September 10836.4960 10770.0784 10792.9684
October 10819.4777 10765.8649 10787.0253
November 10839.0427 10667.7535 10749.6107
December 10746.2324 10620.6051 10670.8119