YEARLY HIGH
61.1645 KHR
YEARLY LOW
55.5930 KHR
YEARLY AVERAGE
59.2013 KHR

2024 GMD to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 61.1645. Conversely, the yearly low was recorded on December 22, dropping to 55.5930.

This high-to-low spread represents a total annual volatility of 5.5715 KHR. From a start-to-finish perspective, comparing the January average rate of 60.7168 to the December average rate of 56.0157, the exchange rate registered a net change of -7.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 61.1645 was down 12.11% compared to the 2023 peak of 69.5960, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 305,822 KHR
2023 Average 330,353 KHR
Yearly Trough Low 277,965 KHR
Transaction Impact: A difference of 27,857.44 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

61.2109
55.5434
JanuMarcMayJulySeptNove

GMD 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 60.2035, compared to 58.1990 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0044 points.

H1 Avg (Jan–Jun) 60.2035
H2 Avg (Jul–Dec) 58.1990

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 2.5821 KHR (High: 60.1759 / Low: 57.5938). On the other end, January was the most stable month, with a tight range of 0.5140 KHR (High: 61.0268 / Low: 60.5128).

October Spread (Volatile) ±2.5821
January Spread (Stable) ±0.5140

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.0595 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.0595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 60.7386) against the same month in 2023 (average: 69.3200), the exchange rate shifted by -8.5814 (-12.38%).

2024 Avg (June) 60.7386
2023 Avg (June) 69.3200

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 61.0268 60.5128 60.7168
February 61.0271 59.9170 60.3727
March 59.9926 59.3467 59.6284
April 60.0008 59.3413 59.6480
May 60.4205 59.8083 60.1164
June 61.1645 60.3502 60.7386
July 60.8420 59.0911 60.5758
August 59.5369 57.2565 58.5163
September 59.6061 57.1653 58.4612
October 60.1759 57.5938 58.6871
November 57.5507 56.6395 56.9382
December 56.8075 55.5930 56.0157