YEARLY HIGH
0.0264 CVE
YEARLY LOW
0.0242 CVE
YEARLY AVERAGE
0.0251 CVE

2024 KHR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KHR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0264. Conversely, the yearly low was recorded on September 25, dropping to 0.0242.

This high-to-low spread represents a total annual volatility of 0.0022 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0248 to the December average rate of 0.0262, the exchange rate registered a net change of 5.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0264 was up 2.33% compared to the 2023 peak of 0.0258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 132 CVE
2023 Average 124 CVE
Yearly Trough Low 121 CVE
Transaction Impact: A difference of 11.09 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0263
0.0243
JanuMarcMayJulySeptNove

KHR to CVE 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 0.0250, compared to 0.0251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0250
H2 Avg (Jul–Dec) 0.0251

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0014 CVE (High: 0.0263 / Low: 0.0249). On the other end, September was the most stable month, with a tight range of 0.0004 CVE (High: 0.0247 / Low: 0.0242).

November Spread (Volatile) ±0.0014
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0262) against the same month in 2023 (average: 0.0246), the exchange rate shifted by +0.0016 (+6.31%).

2024 Avg (December) 0.0262
2023 Avg (December) 0.0246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0250 0.0244 0.0248
February 0.0253 0.0248 0.0251
March 0.0253 0.0249 0.0251
April 0.0257 0.0251 0.0254
May 0.0256 0.0248 0.0251
June 0.0251 0.0246 0.0249
July 0.0250 0.0246 0.0248
August 0.0252 0.0242 0.0246
September 0.0247 0.0242 0.0244
October 0.0252 0.0245 0.0249
November 0.0263 0.0249 0.0256
December 0.0264 0.0259 0.0262