YEARLY HIGH
5463.2965 KHR
YEARLY LOW
5020.5515 KHR
YEARLY AVERAGE
5203.6896 KHR

2024 FKP to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 5463.2965. Conversely, the yearly low was recorded on April 21, dropping to 5020.5515.

This high-to-low spread represents a total annual volatility of 442.7449 KHR. From a start-to-finish perspective, comparing the January average rate of 5192.2063 to the December average rate of 5082.2232, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 5463.2965 was up 0.87% compared to the 2023 peak of 5416.3989, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,316,482 KHR
2023 Average 25,555,868 KHR
Yearly Trough Low 25,102,758 KHR
Transaction Impact: A difference of 2,213,724.57 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5406.9205
5035.2571
JanuMarcMayJulySeptNove

FKP 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 5156.5440, compared to 5250.8352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 94.2912 points.

H1 Avg (Jan–Jun) 5156.5440
H2 Avg (Jul–Dec) 5250.8352

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 264.4267 KHR (High: 5308.1303 / Low: 5043.7036). On the other end, January was the most stable month, with a tight range of 72.8515 KHR (High: 5228.9045 / Low: 5156.0530).

November Spread (Volatile) ±264.4267
January Spread (Stable) ±72.8515

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 138.7229 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -138.7229

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 5375.9486) against the same month in 2023 (average: 5116.7037), the exchange rate shifted by +259.2449 (+5.07%).

2024 Avg (September) 5375.9486
2023 Avg (September) 5116.7037

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5228.9045 5156.0530 5192.2063
February 5214.5007 5122.3657 5155.1379
March 5215.2043 5077.7530 5147.4549
April 5125.1521 5020.5515 5066.2291
May 5216.1232 5086.0437 5148.3701
June 5275.4045 5190.1284 5229.8658
July 5340.0891 5207.2335 5287.8903
August 5404.1198 5208.9198 5290.2567
September 5463.2965 5300.8080 5375.9486
October 5397.5771 5239.7562 5303.7077
November 5308.1303 5043.7036 5164.9849
December 5169.0530 5027.3605 5082.2232