2024 DKK to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DKK to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DKK to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 613.6074. Conversely, the yearly low was recorded on December 18, dropping to 557.8534.
This high-to-low spread represents a total annual volatility of 55.7540 KHR. From a start-to-finish perspective, comparing the January average rate of 597.6406 to the December average rate of 564.7471, the exchange rate registered a net change of -5.50% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 613.6074 was down 1.51% compared to the 2023 peak of 623.0279, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
DKK 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 590.8307, compared to 590.4244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4064 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 34.3567 KHR (High: 596.6610 / Low: 562.3043). On the other end, July was the most stable month, with a tight range of 9.2118 KHR (High: 602.0010 / Low: 592.7891).
Growth Streaks & Declines
TrendsBetween 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 16.7044 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 603.6261) against the same month in 2023 (average: 605.9071), the exchange rate shifted by -2.2811 (-0.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 606.4575 | 591.3069 | 597.6406 |
| February | 596.7994 | 585.8529 | 590.8875 |
| March | 595.2101 | 583.9302 | 590.3042 |
| April | 588.5575 | 575.5430 | 582.0017 |
| May | 595.6797 | 584.2680 | 590.4385 |
| June | 599.8443 | 588.8001 | 593.7118 |
| July | 602.0010 | 592.7891 | 597.6179 |
| August | 613.6074 | 593.8335 | 603.6261 |
| September | 610.6077 | 599.8599 | 605.5083 |
| October | 603.0399 | 587.6830 | 593.8757 |
| November | 596.6610 | 562.3043 | 577.1712 |
| December | 575.0227 | 557.8534 | 564.7471 |