YEARLY HIGH
0.2738 KHR
YEARLY LOW
0.0448 KHR
YEARLY AVERAGE
0.0780 KHR

2024 LBP to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.2738. Conversely, the yearly low was recorded on December 23, dropping to 0.0448.

This high-to-low spread represents a total annual volatility of 0.2290 KHR. From a start-to-finish perspective, comparing the January average rate of 0.2718 to the December average rate of 0.0449, the exchange rate registered a net change of -83.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2738 was down 89.95% compared to the 2023 peak of 2.7250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,369 KHR
2023 Average 2,568 KHR
Yearly Trough Low 224 KHR
Transaction Impact: A difference of 1,144.90 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2945
0.0222
JanuMarcMayJulySeptNove

LBP 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 0.1105, compared to 0.0454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0651 points.

H1 Avg (Jan–Jun) 0.1105
H2 Avg (Jul–Dec) 0.0454

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.2283 KHR (High: 0.2738 / Low: 0.0454). On the other end, October was the most stable month, with a tight range of 0.0001 KHR (High: 0.0455 / Low: 0.0453).

February Spread (Volatile) ±0.2283
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.1640 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1640

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2092) against the same month in 2023 (average: 0.7082), the exchange rate shifted by -0.4990 (-70.46%).

2024 Avg (February) 0.2092
2023 Avg (February) 0.7082

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2734 0.2710 0.2718
February 0.2738 0.0454 0.2092
March 0.0454 0.0450 0.0452
April 0.0455 0.0451 0.0452
May 0.0457 0.0453 0.0455
June 0.0462 0.0457 0.0460
July 0.0461 0.0458 0.0459
August 0.0459 0.0453 0.0457
September 0.0456 0.0453 0.0454
October 0.0455 0.0453 0.0454
November 0.0455 0.0449 0.0452
December 0.0452 0.0448 0.0449