2024 GHS to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 GHS to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the GHS to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 344.5588. Conversely, the yearly low was recorded on November 12, dropping to 246.9998.
This high-to-low spread represents a total annual volatility of 97.5591 KHR. From a start-to-finish perspective, comparing the January average rate of 339.2331 to the December average rate of 272.1305, the exchange rate registered a net change of -19.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 344.5588 was down 30.15% compared to the 2023 peak of 493.3134, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
GHS 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 306.9634, compared to 260.9858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 45.9776 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 20.0788 KHR (High: 296.7680 / Low: 276.6892). On the other end, September was the most stable month, with a tight range of 2.8497 KHR (High: 260.3916 / Low: 257.5419).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 14.3892 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 339.2331) against the same month in 2023 (average: 362.8878), the exchange rate shifted by -23.6548 (-6.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 344.5588 | 330.5263 | 339.2331 |
| February | 331.8349 | 321.9396 | 327.5363 |
| March | 321.4990 | 305.1177 | 313.1802 |
| April | 305.1526 | 297.6631 | 301.3015 |
| May | 296.7680 | 276.6892 | 286.9123 |
| June | 278.4116 | 269.4035 | 273.6173 |
| July | 269.1503 | 264.1550 | 266.3278 |
| August | 264.5893 | 258.8085 | 261.9206 |
| September | 260.3916 | 257.5419 | 258.9694 |
| October | 257.3180 | 249.2188 | 253.8945 |
| November | 262.5497 | 246.9998 | 252.6721 |
| December | 274.2410 | 262.0220 | 272.1305 |