YEARLY HIGH
11.8876 KHR
YEARLY LOW
10.0554 KHR
YEARLY AVERAGE
11.1508 KHR

2024 HUF to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 11.8876. Conversely, the yearly low was recorded on December 19, dropping to 10.0554.

This high-to-low spread represents a total annual volatility of 1.8322 KHR. From a start-to-finish perspective, comparing the January average rate of 11.6681 to the December average rate of 10.2245, the exchange rate registered a net change of -12.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.8876 was down 4.22% compared to the 2023 peak of 12.4119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 11,887,635 KHR
2023 Average 11,650,510 KHR
Yearly Trough Low 10,055,399 KHR
Transaction Impact: A difference of 1,832,236.51 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.8125
10.0802
JanuMarcMayJulySeptNove

HUF 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 11.3045, compared to 10.9971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3074 points.

H1 Avg (Jan–Jun) 11.3045
H2 Avg (Jul–Dec) 10.9971

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.6985 KHR (High: 10.8887 / Low: 10.1902). On the other end, September was the most stable month, with a tight range of 0.2421 KHR (High: 11.5437 / Low: 11.3016).

November Spread (Volatile) ±0.6985
September Spread (Stable) ±0.2421

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.5045 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 11.6681) against the same month in 2023 (average: 11.2432), the exchange rate shifted by +0.4249 (+3.78%).

2024 Avg (January) 11.6681
2023 Avg (January) 11.2432

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.8876 11.3628 11.6681
February 11.6189 11.2050 11.3546
March 11.2555 10.9525 11.1450
April 11.2471 10.8646 11.0572
May 11.5434 11.1601 11.3730
June 11.4781 11.0429 11.2292
July 11.4982 11.1990 11.3630
August 11.6325 11.1501 11.4114
September 11.5437 11.3016 11.4431
October 11.3020 10.8211 11.0227
November 10.8887 10.1902 10.5182
December 10.3903 10.0554 10.2245