2024 CNY to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CNY to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CNY to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 583.3284. Conversely, the yearly low was recorded on December 22, dropping to 548.5600.
This high-to-low spread represents a total annual volatility of 34.7684 KHR. From a start-to-finish perspective, comparing the January average rate of 574.6018 to the December average rate of 552.4274, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 583.3284 was down 5.07% compared to the 2023 peak of 614.5010, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CNY 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 567.8066, compared to 566.8319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9746 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 18.2195 KHR (High: 583.3284 / Low: 565.1089). On the other end, December was the most stable month, with a tight range of 9.3969 KHR (High: 557.9568 / Low: 548.5600).
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 October and November, when the average rate fell by 11.2335 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 570.3880) against the same month in 2023 (average: 576.3479), the exchange rate shifted by -5.9599 (-1.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 578.7417 | 566.8485 | 574.6018 |
| February | 576.8402 | 565.2863 | 570.1989 |
| March | 567.7247 | 557.4584 | 562.8457 |
| April | 571.3355 | 557.2243 | 560.2706 |
| May | 576.1945 | 560.3587 | 568.5345 |
| June | 583.3284 | 565.1089 | 570.3880 |
| July | 575.2946 | 564.6270 | 566.2094 |
| August | 576.9550 | 567.1122 | 571.8271 |
| September | 580.5267 | 569.9352 | 574.8173 |
| October | 580.2481 | 569.8370 | 573.4719 |
| November | 572.9481 | 555.0014 | 562.2384 |
| December | 557.9568 | 548.5600 | 552.4274 |