YEARLY HIGH
600.3544 KHR
YEARLY LOW
579.1517 KHR
YEARLY AVERAGE
589.0248 KHR

2024 BOB to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 600.3544. Conversely, the yearly low was recorded on December 23, dropping to 579.1517.

This high-to-low spread represents a total annual volatility of 21.2028 KHR. From a start-to-finish perspective, comparing the January average rate of 591.3736 to the December average rate of 582.1258, 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 600.3544 was down 0.59% compared to the 2023 peak of 603.9210, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,001,772 KHR
2023 Average 2,973,952 KHR
Yearly Trough Low 2,895,758 KHR
Transaction Impact: A difference of 106,013.86 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

596.9148
580.7814
JanuMarcMayJulySeptNove

BOB 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 589.7350, compared to 588.3146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4203 points.

H1 Avg (Jan–Jun) 589.7350
H2 Avg (Jul–Dec) 588.3146

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 9.3111 KHR (High: 595.6095 / Low: 586.2984). On the other end, October was the most stable month, with a tight range of 3.4230 KHR (High: 589.2113 / Low: 585.7883).

August Spread (Volatile) ±9.3111
October Spread (Stable) ±3.4230

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 February and March, when the average rate fell by 4.1560 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.1560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 595.5703) against the same month in 2023 (average: 596.7972), the exchange rate shifted by -1.2269 (-0.21%).

2024 Avg (June) 595.5703
2023 Avg (June) 596.7972

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 593.5303 589.4409 591.3736
February 595.3288 588.2173 590.4059
March 589.9620 582.9951 586.2499
April 588.6752 582.5053 585.1694
May 592.0225 585.8485 589.6409
June 600.3544 591.1055 595.5703
July 596.1017 592.5224 594.7425
August 595.6095 586.2984 591.7780
September 590.8651 585.8379 588.1899
October 589.2113 585.7883 587.5706
November 591.0812 582.2753 585.4811
December 585.8167 579.1517 582.1258