2024 KHR to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 KHR to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the KHR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 22.3272. Conversely, the yearly low was recorded on February 3, dropping to 3.6527.
This high-to-low spread represents a total annual volatility of 18.6745 LBP. From a start-to-finish perspective, comparing the January average rate of 3.6788 to the December average rate of 22.2556, the exchange rate registered a net change of 504.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 22.3272 was up 489.60% compared to the 2023 peak of 3.7869, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KHR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
KHR to LBP 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 16.7249, compared to 22.0225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.2976 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 18.3530 LBP (High: 22.0057 / Low: 3.6527). On the other end, January was the most stable month, with a tight range of 0.0330 LBP (High: 3.6902 / Low: 3.6572).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2116 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 22.2556) against the same month in 2023 (average: 3.6610), the exchange rate shifted by +18.5946 (+507.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.6902 | 3.6572 | 3.6788 |
| February | 22.0057 | 3.6527 | 8.7262 |
| March | 22.1989 | 22.0186 | 22.1060 |
| April | 22.1801 | 21.9760 | 22.1054 |
| May | 22.0935 | 21.8681 | 21.9724 |
| June | 21.8779 | 21.6435 | 21.7608 |
| July | 21.8471 | 21.6849 | 21.7899 |
| August | 22.0987 | 21.7806 | 21.8999 |
| September | 22.0692 | 21.9342 | 22.0275 |
| October | 22.0664 | 22.0009 | 22.0443 |
| November | 22.2601 | 21.9683 | 22.1177 |
| December | 22.3272 | 22.1187 | 22.2556 |