2024 ISK to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ISK to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ISK to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 30.1931. Conversely, the yearly low was recorded on April 16, dropping to 28.4669.
This high-to-low spread represents a total annual volatility of 1.7262 KHR. From a start-to-finish perspective, comparing the January average rate of 29.8437 to the December average rate of 29.0051, the exchange rate registered a net change of -2.81% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 30.1931 was down 5.35% compared to the 2023 peak of 31.8982, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ISK 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 29.4834, compared to 29.5441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0607 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 1.0683 KHR (High: 29.8852 / Low: 28.8169). On the other end, July was the most stable month, with a tight range of 0.3882 KHR (High: 30.0397 / Low: 29.6515).
Growth Streaks & Declines
TrendsBetween April and July, 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 March and April, when the average rate fell by 0.6505 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 29.7000) against the same month in 2023 (average: 30.5277), the exchange rate shifted by -0.8277 (-2.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 30.1248 | 29.6042 | 29.8437 |
| February | 30.0367 | 29.3681 | 29.6313 |
| March | 29.9740 | 28.9998 | 29.5246 |
| April | 29.1374 | 28.4669 | 28.8740 |
| May | 29.7986 | 29.0300 | 29.3539 |
| June | 29.9248 | 29.4872 | 29.6728 |
| July | 30.0397 | 29.6515 | 29.8358 |
| August | 30.0161 | 29.3353 | 29.6638 |
| September | 30.1931 | 29.2143 | 29.7000 |
| October | 30.0679 | 29.3854 | 29.7147 |
| November | 29.8852 | 28.8169 | 29.3453 |
| December | 29.4738 | 28.7600 | 29.0051 |