YEARLY HIGH
0.0148 MKD
YEARLY LOW
0.0135 MKD
YEARLY AVERAGE
0.0140 MKD

2024 KHR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KHR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0148. Conversely, the yearly low was recorded on August 23, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0013 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0138 to the December average rate of 0.0146, the exchange rate registered a net change of 5.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0148 was up 2.20% compared to the 2023 peak of 0.0144, 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 74 MKD
2023 Average 69 MKD
Yearly Trough Low 67 MKD
Transaction Impact: A difference of 6.41 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0147
0.0135
JanuMarcMayJulySeptNove

KHR to MKD 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 0.0140, compared to 0.0140 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) 0.0140
H2 Avg (Jul–Dec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0008 MKD (High: 0.0147 / Low: 0.0138). On the other end, July was the most stable month, with a tight range of 0.0002 MKD (High: 0.0139 / Low: 0.0137).

November Spread (Volatile) ±0.0008
July Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0146) against the same month in 2023 (average: 0.0137), the exchange rate shifted by +0.0009 (+6.46%).

2024 Avg (December) 0.0146
2023 Avg (December) 0.0137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0139 0.0136 0.0138
February 0.0141 0.0137 0.0140
March 0.0141 0.0139 0.0140
April 0.0144 0.0140 0.0142
May 0.0142 0.0138 0.0140
June 0.0140 0.0138 0.0139
July 0.0139 0.0137 0.0138
August 0.0140 0.0135 0.0137
September 0.0137 0.0135 0.0136
October 0.0140 0.0136 0.0139
November 0.0147 0.0138 0.0143
December 0.0148 0.0144 0.0146