2024 HKD to KHR Historical Review

YEARLY HIGH

530.6488 KHR

YEARLY LOW

514.6892 KHR

YEARLY AVERAGE

521.7916 KHR

2024 HKD to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 530.6488. Conversely, the yearly low was recorded on April 8, dropping to 514.6892.

This high-to-low spread represents a total annual volatility of 15.9596 KHR. From a start-to-finish perspective, comparing the January average rate of 522.7008 to the December average rate of 517.4492, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 530.6488 was down 0.43% compared to the 2023 peak of 532.9157, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 13,266,219 KHR

2023 Average 13,119,920 KHR

Yearly Trough Low 12,867,229 KHR

Transaction Impact: A difference of 398,990.27 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

527.9624

516.1727

JanuMarcMayJulySeptNove

HKD 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 521.3268, compared to 522.2563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9295 points.

H1 Avg (Jan–Jun) 521.3268

H2 Avg (Jul–Dec) 522.2563

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 8.5502 KHR (High: 525.2674 / Low: 516.7172). On the other end, October was the most stable month, with a tight range of 2.6941 KHR (High: 524.7517 / Low: 522.0576).

November Spread (Volatile) ±8.5502

October Spread (Stable) ±2.6941

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 4.0397 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.0397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 526.9800) against the same month in 2023 (average: 526.4319), the exchange rate shifted by +0.5480 (+0.10%).

2024 Avg (June) 526.9800

2023 Avg (June) 526.4319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	524.9986	520.6135	522.7008
February	526.0857	519.7297	521.7891
March	520.5107	515.0001	517.7495
April	520.2017	514.6892	517.1552
May	523.7756	519.0853	521.5862
June	530.6488	523.0885	526.9800
July	527.5918	524.2981	526.1067
August	527.5352	519.7557	524.0923
September	524.4032	520.4389	521.9201
October	524.7517	522.0576	523.2631
November	525.2674	516.7172	520.7065
December	520.5527	514.7960	517.4492