2024 CVE to KHR Historical Review

YEARLY HIGH

41.2788 KHR

YEARLY LOW

37.8156 KHR

YEARLY AVERAGE

39.9244 KHR

2024 CVE to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 41.2788. Conversely, the yearly low was recorded on December 20, dropping to 37.8156.

This high-to-low spread represents a total annual volatility of 3.4632 KHR. From a start-to-finish perspective, comparing the January average rate of 40.3983 to the December average rate of 38.2238, the exchange rate registered a net change of -5.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 41.2788 was down 2.07% compared to the 2023 peak of 42.1500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 206,394 KHR

2023 Average 201,280 KHR

Yearly Trough Low 189,078 KHR

Transaction Impact: A difference of 17,316.02 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

41.1850

37.9546

JanuMarcMayJulySeptNove

CVE 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 39.9380, compared to 39.9107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0273 points.

H1 Avg (Jan–Jun) 39.9380

H2 Avg (Jul–Dec) 39.9107

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.1570 KHR (High: 40.2074 / Low: 38.0504). On the other end, September was the most stable month, with a tight range of 0.7142 KHR (High: 41.2788 / Low: 40.5646).

November Spread (Volatile) ±2.1570

September Spread (Stable) ±0.7142

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 1.0860 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.0860

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 40.9158) against the same month in 2023 (average: 39.9974), the exchange rate shifted by +0.9183 (+2.30%).

2024 Avg (September) 40.9158

2023 Avg (September) 39.9974

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.0374	40.0744	40.3983
February	40.3012	39.5529	39.9053
March	40.2122	39.4632	39.8876
April	39.7900	38.9480	39.4243
May	40.2566	39.1362	39.8807
June	40.7257	39.8276	40.1319
July	40.7206	39.9612	40.4020
August	41.2506	39.6966	40.7343
September	41.2788	40.5646	40.9158
October	40.8624	39.7266	40.1373
November	40.2074	38.0504	39.0513
December	38.6818	37.8156	38.2238