2024 GEL to KHR Historical Review

YEARLY HIGH

1547.3141 KHR

YEARLY LOW

1405.3418 KHR

YEARLY AVERAGE

1498.5685 KHR

2024 GEL to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GEL to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 1547.3141. Conversely, the yearly low was recorded on December 3, dropping to 1405.3418.

This high-to-low spread represents a total annual volatility of 141.9723 KHR. From a start-to-finish perspective, comparing the January average rate of 1527.1157 to the December average rate of 1429.2350, the exchange rate registered a net change of -6.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1547.3141 was down 6.91% compared to the 2023 peak of 1662.1189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,736,571 KHR

2023 Average 7,833,252 KHR

Yearly Trough Low 7,026,709 KHR

Transaction Impact: A difference of 709,861.63 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1549.5922

1418.2935

JanuMarcMayJulySeptNove

GEL 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 1509.6541, compared to 1487.4829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.1712 points.

H1 Avg (Jan–Jun) 1509.6541

H2 Avg (Jul–Dec) 1487.4829

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 88.2588 KHR (High: 1531.7594 / Low: 1443.5006). On the other end, October was the most stable month, with a tight range of 17.2790 KHR (High: 1497.2782 / Low: 1479.9992).

May Spread (Volatile) ±88.2588

October Spread (Stable) ±17.2790

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 52.5505 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -52.5505

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1538.6506) against the same month in 2023 (average: 1546.0236), the exchange rate shifted by -7.3730 (-0.48%).

2024 Avg (February) 1538.6506

2023 Avg (February) 1546.0236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1538.9831	1517.2238	1527.1157
February	1547.3141	1529.4608	1538.6506
March	1537.7358	1492.0235	1514.5932
April	1525.0443	1499.9044	1513.7448
May	1531.7594	1443.5006	1503.4175
June	1488.3260	1431.6132	1460.4030
July	1519.4538	1469.2257	1502.6560
August	1531.3780	1503.6271	1515.8198
September	1516.2137	1486.2888	1504.7209
October	1497.2782	1479.9992	1490.6802
November	1501.2991	1430.2797	1481.7855
December	1437.9433	1405.3418	1429.2350